Dawling Computer Systems 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 WACC (and even negative), in which case it will be rejected.
Year 0 1 2 3
Cash flows -$1,100 $450 $470 $490
|
a. |
|
|
b. |
|
|
c. |
|
|
d. |
|
|
e. |
|