What Is the Internal Rate of Return on an Investment

question 80

Multiple Choice

What is the internal rate of return on an investment that has an initial cost of $63,100 and projected cash inflows of $18,700,$38,600,and $34,100 for Years 1 to 3,respectively?

• A)11.86%
• B)12.37%
• C)20.08%
• D)13.92%
• E)19.10%

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