Ford is thinking about introducing a new model of electric vehicles. Ford estimates that the free cash
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Question:
Ford is thinking about introducing a new model of electric vehicles. Ford estimates that the free cash flows generated by this new project would be as follows:
Year 0: -1,000 million dollars
Year 1: 150 million dollars
Year 2: 350 million dollars
Year 3: 400 million dollars
Year 4: 200 million dollars
Year 5: 100 million dollars
What is the IRR for this project?
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