A 25- Year Project Has a Cost of $1,500,000 and Has

question 68

Multiple Choice

A 25- year project has a cost of $1,500,000 and has annual cash flows of $400,000 in years 1-15, and $200,000 in years 16-25. The company's required rate is 14%. Given this information, calculate
The IRR of the project.

• A) 30.25%
• B) 28.28%
• C) 26.22%
• D) 24.25%
• E) 22.25%

---

Definitions:

Star Spangled Banner

The national anthem of the United States, written by Francis Scott Key.

G2G

An internet slang abbreviation for "Got to Go", used in digital communication to indicate departure.

Romeo And Juliet

A tragedy written by William Shakespeare about two young star-crossed lovers whose deaths ultimately reconcile their feuding families.

Shakespeare

Renowned English playwright and poet, famous for his works such as "Hamlet" and "Romeo and Juliet."