An investment has a required return of 13 percent the cash


An investment has a required return of 13 percent. The cash flows, in order, are -$42,000 (initial cost), $16,500 (year 1 CF), $28,400 (year 2 CF) and $7,500 (year 3 CF). Based on IRR, should this project be accepted?

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Financial Management: An investment has a required return of 13 percent the cash
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