Homework Help: finance

Posted by vince on Saturday, February 6, 2010 at 11:15pm.

Thompson stores 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 and even negative, in which case it wll be rejected. Year 0 ($1,000), year 1 $300, year 2 $295, year 3 $290, year 4 $285, and year 5 $270

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