Question: A project's estimated cash flows are summarized below: Year Project Cash Flow 0 ? 1 $800 2 $600 3 $400 4 $200 The project has

A project's estimated cash flows are summarized below:

Year

Project Cash Flow

0

?

1

$800

2

$600

3

$400

4

$200

The project has a payback period of 2.7 years. What is the project's internal rate of return (IRR)?

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