Question: 14. Pet World is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can
14. Pet World 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 cost of capital (and even negative), in which case it will be rejected. 3 $2,050 4 $2,075 5 $2,100 -$9,350 $2,000 $2,025 Year Cash flows a. 2.08% b. 2.31% c. 2.57% d. 2.82% Page 4 of 6
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