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The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-10,930,000, Period 1: $1,335,000, Period 2:

"The FIN340 Company is evaluating a project with the following projected annual cash flows: (Period 0 (Start of Project): $-10,930,000, Period 1: $1,335,000, Period 2: 802,500, Period 3: $2,960,000, Period 4: $7,150,000, Period 5: $311,000) and our company has a WACC of 15.25% - Calculate the Internal Rate of Return (IRR) for this project."

8.69%

4.27%

7.01%

3.71%

15.25%

16.97%

4.92%

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