Economics Homework Help
Economics Homework Help. Firm Evaluates All of Its Projects by Applying the IRR Rule Question
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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