Project projected IRR can be less than the WACC

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Maxwell Feed & Seed 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 4 5 Cash flows -$9,000 $2,000 $2,025 $2,050 $2,075 $2,100 (Points : 0.42) 3.52% 3.34% 4.68% 4.46% 3.39%

Reference no: EM131087756

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