Question: WITHOUT USING EXCEL 2. Your firm has a project opportunity with the following cash flows: $1,200,000 in Year 0 , $150,000 in Year 1, $295,000

WITHOUT USING EXCEL WITHOUT USING EXCEL 2. Your firm has a project opportunity with the

2. Your firm has a project opportunity with the following cash flows: $1,200,000 in Year 0 , $150,000 in Year 1, $295,000 in Year 2, $875,000 in Year 3, and $390,000 in Year 4. Your firm's WACC is 12%. What would be the IRR of the project? A) 12% B) 13.32% C) 15.89% D) 18.60% E) There is not enough information to answer this

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