There is a grommet where the cable goes through the firewall that is usually deteriorated or missing.Volvo has discontinued it but VP has them part #677056 (I sent them a NOS part and they had it copied).
Check the clevis on the pedal side of the cable. The original cables had a very nicely forged end, the aftermarket cable ends are rough, crooked and can get stuck on the hook at the end of the pedal. I have had several Gemo cables break right at the pedal clevis within a few months of replacement from the clevis binding at the pedal. Gemo claims there is no problem, I beg to differ. Use a file to smooth the clevis and a little grease on the contact point to prevent it from binding.
It takes 2 people to remove the cable, 1 under the dash with a 15/16" box wrench on the nut and 1 under the hood with a 7/8" wrench to turn the cable. There isn't enough room under the dash to swing the wrench. Remove the cable from the bell housing first, it makes it easier to spin the cable off the nut. Make sure to replace the clamp that holds the cable to the inner fender, it will rub the steering shaft if you don't.