Business, 05.05.2020 08:31 ohnoitsabby5431

A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year Cash Flow 0 –$ 27,600 1 11,600 2 14,600 3 10,600 If the required return is 18 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the...