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A conmaluant in naluating an imcatment for which dacir elient requires a 13 per cent raie of return. The imcaiment coner $58,000 initally and will

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A conmaluant in naluating an imcatment for which dacir elient requires a 13 per cent raie of return. The imcaiment coner $58,000 initally and will produce cash intlioms of 32. 000 for the nexi three conserative years. Should they endorse thin projece based on its Internal Rate of Return? 'Why of why not? A. Nos because the IRR is 13.65 per ceat. Ves because ilse IRA in 11.13 per ceit. Yer; because the IRR is 14.04 per ornt. Yes, brcause the IRR in 13.65 per cent. Nos becauar the IRR in 14.04 per cent

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