Given the Following Annual Net Cash Flows, Determine the IRR

question 98

Multiple Choice

Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,800. Year Net Cash Flow
1 $1,000
2 $750
3 $500

• A) 14%
• B) 12%
• C) 8%
• D) 25%

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