## Question

###### Use the following cash flows to answer: Year 0 = ($1,550); Year 1 = $850; Year...

Use the following cash flows to answer:

Year 0 = ($1,550); Year 1 = $850; Year 2 = $900. The firms WACC = 8%.

**What is the IRR?**

a) Between 7% & 8%

b) Between 8% & 9%

c) Between 9% & 10%

d) Between 10% & 11%

## Answers

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