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Compute the IRR of the following cash flow schedule using the =IRR( ) Excel function Based on your answer, is this a value-adding project? The

Compute the IRR of the following cash flow schedule using the =IRR( ) Excel function
Based on your answer, is this a value-adding project?
The discount rate is 11.9%
Time 0 1 2 3 4 5 6
CFs -200 -100 0 120 120 120 100

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