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The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-400, Period 1: $-260, Period 2:

"The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-400, Period 1: $-260, Period 2: 145, Period 3: $630, Period 4: $175, Period 5: $130) and our company has a WACC of 9.0% - Calculate the Internal Rate of Return (IRR) for this project."

15.01%

19.17%

15.52%

Insufficient data provided to calculate

18.97%

14.51%

19.07%

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