Someone is considering a project with a start-up cost of $81,900. He requires a rate of return
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Question:
Someone is considering a project with a start-up cost of $81,900. He requires a rate of return of 13%.
Based on the IRR of the following cash flows, should he accept the project?
Yr 1 $21,100 / Yr 2 $24,200 / Yr 3 $30,000 / Yr 4 $25,600 / Yr 5 $19,000
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