Question: Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR and should we accept the project? This

Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR and should we accept the project? This projects cost of capital is 8%.

Year

0

1

2

3

Cash flows

-$1,100

$450

$470

$490

Question 13 options:

13.31% and reject the project.

8.76% and reject the project.

13.31% and accept the project.

10.78% and accept the project.

8.76% and accept the project.

10.78% and reject the project.

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