Given the Following Annual Net Cash Flows, Determine the IRR

question 97

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 $1800. Year Net Cash Flow

• A)14%
• B)12%
• C)8%
• D)25%

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Definitions:

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The income earned by the owner of a sole proprietorship from the business.

Restaurant

A business establishment where meals or refreshments can be purchased and consumed by patrons.

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