Question: Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR and should the project be accepted? The
Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR and should the project be accepted? The firm's cost of capital is 15%.
| Year | 0 | 1 | 2 | 3 |
|
| Cash flows | -$1,150 | $450 | $470 | $490 |
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