Question: Datta Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? Show your calculations, if any, and

Datta Computer Systems is considering a project that has the following cash flow data.

What is the project's IRR? Show your calculations, if any, and explain your answer.

Note that a project's projected IRR can be less than the WACC (and even negative), in which case it will be rejected.

Year

0

1

2

3

Cash flows

$1,450

$500

$570

$690

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