Solved: What is the projects irr-blanchford enterprises, Finance Basics

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What is the projects irr-blanchford enterprises

Problem: Blanchford Enterprises 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: -$1,000 450 450 450

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Finance Basics: What is the projects irr-blanchford enterprises

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