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XYZ Corp. is considering a project that has the following cash flow data.What is the project's IRR?Note that a project's IRR can be less than

XYZ Corp. is considering a project that has the following cash flow data.What is the project's IRR?Note that a project's IRR can be less than the WACC or negative, in both cases it will be rejected.

Year0123

Cash flows-$1,200$300$400$600

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