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A business makes an initial investment of $25K and has annual benefits for five (5) years that shows the following ATCF. It is then recognized

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A business makes an initial investment of $25K and has annual benefits for five (5) years that shows the following ATCF. It is then recognized that the inflation rate during this five (5) year span was 3%. If we apply inflation to ATCF, how much is the resulting IRR? (values are in thousand dollars) Yr ATCF 1 0 -25 6.2 2 6.85 3 5.925 4 5.68 5 5.52 Select one: a. None is correct. b. 4.60% c. 5.93% d. 3.71% O e. 5.73%

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