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A project has the following cash flows: Investment today: -$5,000,000 Cash Flows Years 1-3: $2,000,000 Cash Flow Year 4: $2,500,000 The IRR of the project

A project has the following cash flows: Investment today: -$5,000,000 Cash Flows Years 1-3: $2,000,000 Cash Flow Year 4: $2,500,000 The IRR of the project above is: O Less than 23% O Between 23% and 24% O Between 24% and 25% O Over 25%

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