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A project that has the following cash flow data. What is the project's IRR? Year 0 1 2 3 4 Cash flows -$1200 $300 $300

A project that has the following cash flow data. What is the project's IRR?

Year

0

1

2

3

4

Cash flows

-$1200

$300

$300

$400

$400

a.

2.03%

b.

6.25%

c.

5.46%

d.

6.09%

e.

6.89%

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