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A firm expects to spend $15,000 on Project B. In year 1, it forecasts a cash flow of $9,000, in year 2, $6,000, in year

A firm expects to spend $15,000 on Project B. In year 1, it forecasts a cash flow of $9,000, in year 2, $6,000, in year 3, $3,000, in year 4 $1,000. What is the internal rate of return for this project.

A. 3.31%

B. 14.58%

C. 13.73%

D. 9.25%

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Question

A firm expects to spend $15,000 on Project B. In year 1, it forecasts a cash flow of $9,000, in year 2, $6,000, in year

A firm expects to spend $15,000 on Project B. In year 1, it forecasts a cash flow of $9,000, in year 2, $6,000, in year 3, $3,000, in year 4 $1,000. What is the internal rate of return for this project. A. 3.31% B. 14.58% C. 13.73% D. 9.25%

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A firm expects to spend $15,000 on Project B. In year 1, it forecasts a cash flow of $9,000, in year 2, $6,000, in year 3, $3,000, in year 4 $1,000. What is the internal rate of return for this project.

A. 3.31%

B. 14.58%

C. 13.73%

D. 9.25%