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23. (1.0 pt.) Hartford Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's

23. (1.0 pt.) Hartford Corp. 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 or negative, in both cases it will be rejected. Year Cash flows $1,000 $425 $425 $425 a. 12.55% b. 13.21% c. 13.87% d. 14.56% e. 15.29%

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