Given the Following Net Cash Flows, Determine the IRR of the Project

question 36

Multiple Choice

Given the following net cash flows, determine the IRR of the project: (to the nearest whole percent) $$\begin{array} { | c | c | } \hline \text { Time } & \text { Net Cash Flow } \\\hline 0 & \$ 1,520 \\\hline 1 & - \$ 1,000 \\\hline 2 & - \$ 1,500 \\\hline 3 & \$ 500 \\\hline\end{array}$$

• A)36%
• B)32%
• C)28%
• D)24%
• E)20%

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Definitions:

Ivan Pavlov

A Russian physiologist best known for his discovery of classical conditioning during his study of digestive processes.

Psychology

The scientific study of the mind and behavior, encompassing various aspects of conscious and unconscious experience as well as thought processes.

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