Question: Datta Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR
Datta Computer Systems is considering a project that has the following cash flow data. What is the project's IRR? 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 -$1,100 $450 $470 $490
| 9.70% | ||
| 10.78% | ||
| 11.98% | ||
| 13.31% | ||
| 14.64% |
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