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QUESTION
Thorley Inc. is considering a project that has the following cash flow data. What is the project's IRR?
Thorley Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected.
Year0
1
2
3
4
5
Cash flows−$1,250
$325
$325
$325
$325
$325
