What is the irr for this project

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Question - A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:

0

-34,000

1

16,000

2

18,000

3

15,000

If the required return is 16 percent, what is the IRR for this project? Should the firm accept the project? Explain.

Reference no: EM133085017

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