If a Project's IRR Is 13% and the Project Provides

question 6

Multiple Choice

If a project's IRR is 13% and the project provides annual cash flows of $15,000 for 4 years,how much did the project cost?

• A) $44,617.07
• B) $52,208.18
• C) $41,909.29
• D) $49,082.11

---

Definitions:

Good

A Good is a tangible product that satisfies human wants or needs.

Kosher Foods

Foods that comply with a strict set of dietary rules in Judaism.

Elastic

A term describing a situation where the demand or supply of a good or service changes significantly when its price changes.

Higher Taxes

Increased rates or amounts of taxes imposed by governments on individuals, corporations, or transactions.