A)593%
B)5

question 98

Multiple Choice

$$\begin{array}{l}\text { What is the internal rate of return on an investment with the following cash flows? }\\\begin{array} { | l | l | } \hline \text { Year } & \text { Cash Flow } \\\hline 0 & - £ 123,400 \\\hline 1 & £ 36,200 \\\hline 2 & £ 54,800 \\\hline 3 & £ 48,100 \\\hline\end{array}\end{array}$$

• A)5.93%
• B)5.96%
• C)6.04%
• D)6.09%
• E)6.13%