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Business, 07.03.2020 05:14 mariam00000w

Nichols Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected.

Year Cash flows
0 −$1,250
1 $325
2 $325
3 $325
4 $325
5 $325

a. 9.43%
b. 9.91%
c. 10.40%
d. 10.92%
e. 11.47%

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Nichols Inc. is considering a project that has the following cash flow data. What is the project's I...

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