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What is the IRR of a project with the following cash flows? The WACC is 10%. Year 0 1 2 3 Cash Flow -$100 30

What is the IRR of a project with the following cash flows? The WACC is 10%.

Year

0

1

2

3

Cash Flow

-$100

30

-40

90

a. Cannot be determined without knowing the payback.

b. -6.5%

c. 10%

d. -7.7%

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