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A project has the following cash flows. What is the IRR? Year Cash Flow 0 -$ 285,500 1 111,700 2 130,300 3 145,400 a. 16.16
A project has the following cash flows. What is the IRR?
Year | Cash Flow | |||
0 |
| -$ | 285,500 |
|
1 |
|
| 111,700 |
|
2 |
|
| 130,300 |
|
3 |
|
| 145,400 |
|
a. 16.16 percent |
b. 14.92 percent |
c. 16.47 percent |
d. 14.18 percent |
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