Marielle Machinery Works forecasts the following cash flows .pdf

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Marielle Machinery Works forecasts the following cash flows for a project under consideration. It uses the internal rate of return rule to accept or reject projects. a. What is the project's IRR? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. b. Should this project be accepted if the required return is 15% ? Yes No.

Marielle Machinery Works forecasts the following cash flows for a project under consideration. It
uses the internal rate of return rule to accept or reject projects. a. What is the project's IRR? Note:
Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal
places. b. Should this project be accepted if the required return is 15% ? Yes No

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