Use the Table for the Question(s)below

question 49

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The internal rate of return (IRR) for project A is closest to:

• A)7.7%.
• B)21.6%.
• C)23.3%.
• D)42.9%.

---

Definitions:

Dating Cohabitation

A living arrangement in which a couple who spends a great deal of time together eventually decides to move in together.

Census Bureau

A national agency responsible for collecting, analyzing, and publishing statistical data about the population, economy, and society of a country, typically on a regular basis.

Substitute Marriage Cohabitation

A living arrangement where couples live together as if married without legally formalizing the union.

Common-law Marriage

A marriage recognized in some jurisdictions, where a couple lives together for a period and presents themselves as married without having a formal ceremony or license.