Question
Data Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can
Data Computer Systems 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 (and even negative), in which case it will be rejected.
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$1,100 | $450 | $470 | $490 |
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Analysis For Financial Management
Authors: Robert C. Higgins
10th International Edition
007108648X, 9780071086486
