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A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$1,000,000 1 $400,000 2 $500,000 3 $700,000 What is

A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$1,000,000 1 $400,000 2 $500,000 3 $700,000 What is the project's internal rate of return? A. 21.65% B. 30.88% C. 24.90% D. 27.95%

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