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Company 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

Company 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 WACC or negative, in both cases it will be rejected.

Year

0

1

2

3

4

Cash flows

$1,050

$400

$400

$400

$400

16.27%

17.27%

18.27%

19.27%

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