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Question 6 Tyrell Corporation is considering a project with the following cash flows (in millions of dollars): Year Cash Flow 0 ? 1 2 $1.0

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Question 6 Tyrell Corporation is considering a project with the following cash flows (in millions of dollars): Year Cash Flow 0 ? 1 2 $1.0 $1.5 $2.0 3 4 $2.5 The project has a simple payback period of exactly three years. The project's cost of capital is 15 percent. What is the project's Internal rate of return? Between 10 and 20% Greater than 30% Less than 10% Between 20 and 30% Cannot be determined with this information

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