Fairfax pizza is evaluating a project that would cost 6771, Ask an Expert

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Fairfax Pizza is evaluating a project that would cost 6,771 dollars today. The project is expected to have the following other cash flows: 2,084 dollars in 1 year, 2,662 dollars in 3 years, and 5,479 dollars in 4 years. The NPV of the project is -94. What is the internal rate of return for the project? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92852066

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