Question: I have the answer for the question below, I need the answer to the question in bold font, it uses info from my already completed

 I have the answer for the question below, I need the

I have the answer for the question below, I need the answer to the question in bold font, it uses info from my already completed problem.

A firm evaluates all of its projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following project?

0 = - $26,000 + $11,000/(1+IRR) + $14,000/(1+IRR)^2 + $10,000/(1+IRR)^3

IRR = 16.69%

The firm should accept the project because the IRR is higher than the return required.

The information needed is above and attached. I need the answer to the question below.

For the cash flows in the previous problem, suppose the firm uses the NPV decision rule. At a required return of 11 percent, should the firm accept this project? What if the required return is 24 percent?

answer to the question in bold font, it uses info from my

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