What Is the IRR of a Project That Requires an Initial

question 86

Multiple Choice

What is the IRR of a project that requires an initial cash outlay of $12,345 and is expected to generate cash flows of $3,600 a year for three years and then $4,200 a year for two more years? Assume the tax rate is zero.

• A)14.00%
• B)15.50%
• C)16.20%
• D)17.80%

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