Calculation of irr and decision making

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Calculation of IRR and decision making

a. What is the internal rate of return on an investment with the following cash flows?

Year

Cash Flow

0

$123,400

1

$36,200

2

$54,800

3

$48,100

b. What is the decision rule you should use to make your decision as to whether or not to invest in this project?

Reference no: EM1312850

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