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  3. a project has an initial cost of $12,100 and cash

A project has an initial cost of $12,100 and cash flows of -$2,100, $5,800, $16,600,...

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Accounting

A project has an initial cost of $12,100 and cash flows of -$2,100, $5,800, $16,600, and -$800 for Years 1 to 4, respectively. How many IRR's will this project have?

A. 3

B. 1

C. 4

D. 2

E. 0

Answer & Explanation Solved by verified expert
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