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A firm evaluates all of its projects by applying the IRR rule

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A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, what is the IRR and should the firm accept the following project?

Year	Cash Flow
0	-26,000
1	8,000
2	8,000
3	8,000

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A firm evaluates all of its projects by applying the IRR rule

Economics

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