Management of Cullumber, Inc., is considering investing in three independent projects. The costs and the...
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Accounting
Management of Cullumber, Inc., is considering investing in three independent projects. The costs and the cash flows are given in the following table. The appropriate cost of capital is 15.73 percent. Compute the project IRRs. (Round final answers to 2 decimal places, e.g. 15.25\%.) The IRR of project 1 is %, project 2 is %, and project 3 is Identify the projects that should be accepted. Cullumber should accept project(s)
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