What Is the Internal Rate of Return for a Project

question 49

Multiple Choice

What is the internal rate of return for a project that requires a current cash outlay of $15,187 and is expected to generate cash inflows of $5,000 at the end of each of the next four years?

• A) 12.0%
• B) 11.5%
• C) 12.3%
• D) 14.1%
• E) 13.0%

---

Definitions:

French-style Frame

A particular design of picture frame that became popular in France, characterized by elaborate ornamentation and often used in the display of fine art.

Delivering the Keys

An event from the Christian New Testament where Jesus Christ gives Saint Peter the keys of Heaven, often depicted in Christian art.

Triangular Base

A shape or structure whose base is in the form of a triangle, often used to provide stability or add an aesthetic element to architecture and objects.

Convention of Frontality

An artistic convention in which figures are presented facing forward directly to engage the viewer, commonly used in Egyptian and Byzantine art.