Question: Question 8 BTS Machines, Inc., has a project with the following cash flows. Year Cash flows 0 $25,300 1 $9,600 2 $13,700 3 $5,800 The

Question 8 BTS Machines, Inc., has a project with the following cash flows. Year Cash flows 0 $25,300 1 $9,600 2 $13,700 3 $5,800 The company evaluates all projects by applying the IRR rules. If the appropriated interest rate is 10%, should the company accept the project? Why or why not? No; The IRR exceeds the required return by about 2.14 percent. Yes; The IRR is less than the required return by about 1.86 percent. No; The IRR is less than the required return by about 2.14 percent. Yes; The IRR exceeds the required return by about 1.86 percent. Yes: The IRR is equal to required return
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