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Spence Company Is Considering a Project That Has the Following

Question 5

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Spence Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected. Spence Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected. A) 14.05% B) 15.61% C) 17.34% D) 19.27% E) 21.20%


A) 14.05%
B) 15.61%
C) 17.34%
D) 19.27%
E) 21.20%

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