Question: please i need answer for (B) A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 163,000 0 -$ 53,000
A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 163,000 0 -$ 53,000 1 86,000 2 2 70,000 3 What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return 12.92% If the required return is 12 percent should the firm accept the project
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