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modern refurbishing inc. is considering a project that has the following cash flow data. What is the project IRR? Note that a projects IRR can

modern refurbishing inc. is considering a project that has the following cash flow data. What is the project IRR? Note that a projects IRR can be less than the cost of capital (and even negative, In which case will it be rejected.

Year 0 1 2 3

CF -$900 $330 %315 $300 $270

A. A. 13.68, b. 14.09 c. 14.24, d. 14.75, e/ 15.16

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