Multiple Choice
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 WACC or negative, in both cases it will be rejected.
A) 14.05%
B) 15.61%
C) 17.34%
D) 19.27%
E) 21.20%
Correct Answer:

Verified
Correct Answer:
Verified
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