Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of retur

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answerhappygod
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Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of retur

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Suppose your firm is considering investing in a project with thecash flows shown below, that the required rate of return onprojects of this risk class is 9 percent, and that the maximumallowable payback and discounted payback statistics for the projectare 2.0 and 3.0 years, respectively.
Use the IRR decision rule to evaluate thisproject. (Negative amount should be indicated by aminus sign. Round your answer to 2 decimal places.)
IRR %?
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