Question: 22. Chapter MC, Section 10, Problem 065 Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR?

 22. Chapter MC, Section 10, Problem 065 Kiley Electronics is considering

22. Chapter MC, Section 10, Problem 065 Kiley Electronics 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. Year Cash flows Ca. 9.70% Ob. 10.78% Oc. 11.98% Od. 14.64% Oe. 13.31% 0 -$1,100 1 $450 2 $470 3 $490

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