A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:Year Cash Flow0 - $ 34,000 1 15,000 2 17,000 3 13,000 If the required return is 14 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal)
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Home » Business » A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:Year Cash Flow0 - $ 34,000 1 15,000 2 17,000 3 13,000 If the required return is 14 percent, what is the IRR for this project?