Thorley Inc. 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 or negative, in both cases it will be rejected.
A) 9.43%
B) 9.91%
C) 10.40%
D) 10.92%
E) 11.47%
Correct Answer:
Verified
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