34

Question 34 (2.5 points) 4Listen ABC Industries is considering a project that has the following cash flows: Year 0 1 2 3 4 5 Cash Flow -51,000 10,000 25,000 15,000 25,000 34,000 If this project has a payback period of 3.5 years and if the firm's cost of capital is 17%, this project's internal rate of return (IRR) is $__ 1) 25.12 2) 27.66 3) 26.66