Project a Has an Initial Cost of $16,400 and Cash

question 50

Multiple Choice

Project A has an initial cost of $16,400 and cash flows of $5,100,$6,800,and $6,900 for Years 1 to 3,respectively.Project B has an initial cost of $21,200 and cash flows of $8,300,$7,900,and $7,700 for Years 1 to 3,respectively.What is the incremental IRR_B-A?

• A)2)89%
• B)4)07%
• C)5)91%
• D)6)75%
• E)7)90%

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