Question: Question 6: (10 points) (IRR, payback, and calculating a missing cash flow) Mode Publishing is considering a new printing facility that will involve a large
Question 6: (10 points) (IRR, payback, and calculating a missing cash flow) Mode Publishing is considering a new printing facility that will involve a large initial outlay and then result in a series of positive cash flows for four years. The estimated cash flows associated with this project are: If you know that the project has a regular payback of 2.9 years, what is the project's internal rate of return? a. The IRR of the project is: %
Year Projected Cash Flow
0 ?
1 810 million
2 350 million
3 280 million
4 450 million
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