What is the project IRR

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Question - Marielle Machinery Works forecasts the following cash flows on a project under consideration. It uses the internal rate of return rule to accept or reject projects.

C0

C1

C2

C3

-$10,200

0

+$7,700

+$8,700

a. What is the project's IRR?

b. Should this project be accepted if the required return is 14%?

Reference no: EM132884926

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