posted by vince on .
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