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Determining project irr-kiley electronics

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Kiley Electronics 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 (and even negative), in which case it will be rejected.

r: 14.00%

Year: 0 1 2 3

Cash -$1,100 $450 $470 $490

Reference no: EM132662192

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