Project projected IRR can be less than the WACC

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Hart corp. 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 will be rejected. Year: 0 1 2 3 Cash flows: -$1,000 $425 $425 $425

Reference no: EM13951504

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