Calculating irr

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Calculating IRR [LO5] A firm evaluates all of its projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following project? 

Year        Cash Flow             Year          Cash Flow

0               -26000                    2            14000

1                   11000                     3           10000

Give answer and reason why yes or no.

Reference no: EM131387633

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