Given the Following Cash Flows for Project M: C0 =

question 1

Multiple Choice

Given the following cash flows for Project M: C0 = -1,000, C1 = +200, C2 = +700, C3 =
+698, calculate the IRR for the project.

• A) 23%
• B) 21%
• C) 19%
• D) None of the above

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Definitions:

Predict

To declare or indicate in advance, especially on the basis of special knowledge or inference.

Suffix

A letter or group of letters added at the end of a word to modify its meaning or change it into a different word class.

Supply

The total amount of a product or service that is available for purchase or use.

Limp

Limp describes a type of walking that is uneven or unsteady, usually because of pain or injury to the leg or foot.