Solved: What is the project irr-rockmont recreation, Finance Basics

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What is the project irr-rockmont recreation

Problem: Rockmont Recreation Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a projected IRR can be less than the WACC (and even negative), in which case it will be rejected.

Year: 0 1 2 3 4
Cash flows: -$1,000 $250 $230 $210 $190

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Finance Basics: What is the project irr-rockmont recreation

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