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Houston Inc. 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
Houston Inc. 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 (and even negative), in which case it will be rejected.
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | $850 | $300 | $290 | $280 | $270 |
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Options Trading For Beginners
Authors: Mike Hartley
1st Edition
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