(Answered)-What is the IRR for this project

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Pluto Planet, Inc., has a project with the following cash flows. The company evaluates all projects by applying the IRR rule.Year Cash Flow0 –$ 28,50012,50015,50011,500What is the IRR for this project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)IRR %If the appropriate interest rate is 13 percent, should the company accept the project?YesNo

 

Solution ID:10036769 | Question answered on 16-Oct-2016

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