Nichols Inc

question 81

Multiple Choice

Nichols Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected.

• A) 9.43%
• B) 9.91%
• C) 10.40%
• D) 10.92%
• E) 11.47%