Datta Computer Systems Is Considering a Project That Has the Following

question 38

Multiple Choice

Datta Computer Systems 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 (and even negative) ,in which case it will be rejected. $$\begin{array} { l c c c c } \text { Year } & 0 & 1 & 2 & 3 \\\hline \text { Cash flows } & - \$ 1,050 & \$ 450 & \$ 470 & \$ 490\end{array}$$
?

• A) 12.69%
• B) 13.98%
• C) 15.58%
• D) 18.15%
• E) 16.07%

---

Definitions:

Africans

Refers to individuals from Africa, the second-largest continent, encompassing a wide range of cultures, ethnicities, and languages.

Slavery

A system in which individuals are owned by others, deprived of personal freedom and compelled to perform labor or services.

Resist

To oppose or strive against something, often used in the context of resisting oppression, injustice, or undesirable circumstances.

Slave Masters

Individuals or entities that owned and controlled the lives of enslaved people, a practice particularly prevalent in the American South before the Civil War.