What Is the IRR of a Project That Costs $100,000

question 5

Multiple Choice

What is the IRR of a project that costs $100,000 and provides cash inflows of $17,000 annually for six years?

• A)0.57 percent
• B)2.00 percent
• C)5.69 percent
• D)56.87 percent

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Definitions:

Reconstruction

The period (1865-1877) following the American Civil War, during which the Southern states were reorganized and reintegrated into the Union.

Emancipated Slaves

Refers to individuals who were released from slavery, gaining their freedom and rights.

Civil Rights Legislation

Legislation that outlaws discrimination based on race, color, religion, sex, or national origin, aiming to protect the rights of all citizens to political and social freedom and equality.

Unconstitutional

describes actions, laws, or policies that violate the constitution or are not permissible under the constitution's framework.