Systems is considering a project that has the following cash flow data. What is the...

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Finance

Systems 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

-$1,250

$450

$470

$490

Group of answer choices

5.01%

5.50%

5.99%

6.67%

6.18%

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