Question: Sam Corp. 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

Sam Corp. 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 weighted average cost of capital (WACC) or negative, in both cases it will be rejected. Year 0 1 2 3 Cash flows -$1,000 $425 $490 $400 a. 15.18% b. 13.97% c. 14.56% d. 17.21% e. 16.45%

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