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Spence Company is considering a project that has the following cash flow data. What is the project's IRR? Year Cash flows 21.20% 15.23% 17.64%

Spence Company is considering a project that has the following cash flow data. What is the project's IRR? Year Cash flows 21.20% 15.23% 17.64% 19.77% 14.15% 0 2 -$1,050 $300 $400 $400 $400

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