Ashwood Corp. has a project with the following cash flows: Year ______________Cash Flow 0 ........................... $35,000 1

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Ashwood Corp. has a project with the following cash flows:

Year ______________Cash Flow

0 ........................... $35,000

1 ........................... -27,000

2 ............................ 29,000

What is the IRR of the project? What is happening here?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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