9-9B. (Internal rate ofreturn calculations) Given the following cash flows, determine the internal rate of return for projects A, B, and C.

Transcribed Image Text:

YEAR PROJECT A PROJECT B Initial Investment: -$75,000 -$95,000 PROJECT C -$395,000 Cash Inflows: Year 1 $10,000 $25,000 $150,000 Year 2 10,000 25,000 150,000 Year 3 30,000 25,000 150,000 Year 4 25,000 25,000 Year 5 30,000 25,000