Question: Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can

Warr Company is considering a project that has the following cash flow data.  What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected rn

Year                          1          2        3                

Cash flows  $1,565  $400  $400  $400    $400

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