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Fred Corp is considering a project that has the following cash flow data. What is the project's IRR? Not the project's projected IRR can be less than the WACC or negative, in both cases it will be rejected.

Year    0             1           2           3

Cash flows -$1000      $425      $425      $425

Please provide answer with an explanation including all formulas.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91381237

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