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Question: Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected.

Year

0

1

2

3

4

Cash flows

-$775

$350

$280

$270

$260

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M92603712

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