Question: Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be

Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected.

r: 10.00%
Year 0 1 2 3
Cash flows $1,000 $550 $560 $570

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