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Blanchford Enterprises is considering a project that has the following cash flow data. What it projects IRR? Year: 0 1 2 3 Cash Flows: -$1,116.41,

Blanchford Enterprises is considering a project that has the following cash flow data. What it projects IRR? Year: 0 1 2 3

Cash Flows: -$1,116.41, $450, $450, $556.19

Multiple choice:

a. 11% b. 12% c. 13% d. 14% e. 15%

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