Use the Table for the Question(s)below

question 2

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows in $:
-Assume the appropriate discount rate for this project is 15%.The IRR for this project is closest to:

• A)21%.
• B)22%.
• C)15%.
• D)60%.

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Chueng and Song

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