Question: Jonesi Co., whose WACC is 12%, is considering a project that has the following cash flow data. What is the project's IRR? Year 0 1
Jonesi Co., whose WACC is 12%, is considering a project that has the following cash flow data. What is the project's IRR?
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$1,000 | $400 | $400 | $600 |
|
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