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39.The Tifn Barker Corporation is considering introducing a new currency verier that has the ability to identify counterfeit dollar bills. The required rate of return

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39.The Tifn Barker Corporation is considering introducing a new currency verier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is 12 percent. What is the IRR on this project if it is expected to produce the following cash ows? Initial Outlay -$1,110,400 FCF in year 1 $380,000 FCF in year 2 500,000 FCF in year 3 500,000 FCF in year 4 380,000 A. 21.22% B. $224,869 C. $43,792 D. 13.86%

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