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.

year 0 1 2 3 4 5
cash flows -$1,100 $325 $325 $325 $325 $325
a. 14.59%
b. 16.20%
c. 11.24%
d. 15.18%
e. 13.43%

Kinkead inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be −$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?

Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration

Why do police officers get paid less than professional baseball players?