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Hart Corp. 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

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Hart Corp. 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 cost of capital or negative, in both cases it will be rejected. Year O 2 3 Cash flows -$1,000 $425 $425 $425 a. 14.56% b. 15.29% C. 13.87% d. 13.21% e. 12.55%

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