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6. Project TCUS is expected to provide Earnings Before Taxes of $1,250 each year for the next 5 years. The equipment, which carries an initial

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6. "Project TCUS" is expected to provide Earnings Before Taxes of $1,250 each year for the next 5 years. The equipment, which carries an initial cost of $4,190, has no expected salvage value. What is the project's Internal Rate of Return (IRR)? Below are some possibilities. Mark the letter of the correct answer below. #. 0.12 b. 0.14 c. 0.15 d. 0.16

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