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The FIN340 Company has a WACC of 10% and is evaluating a project with the following projected annual cash flows: (Year 0 (Start of Project):
"The FIN340 Company has a WACC of 10% and is evaluating a project with the following projected annual cash flows: (Year 0 (Start of Project): $-13,100, Year 1: $2,300, Year 2: 5,100, Year 3: $7,400, Year 4: $1,050 - Calculate the Internal Rate of Return (IRR) for this project."
Pick one of the following answers.
A | 1.21% | |
B | 8.17% | |
C | 4.20% | |
D | 16.53% | |
E | 20.99% |
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