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A project has the following cash flows. What is the Internal Rate of Return (IRR)? Year Cash Flow 0 -$195,600 1 $ 99,800 2 $

A project has the following cash flows. What is the Internal Rate of Return (IRR)?

Year Cash Flow

0 -$195,600 1 $ 99,800 2 $ 87,600 3 $ 75,300

Question options:

A) 19.08 percent
B) 13.96 percent
C) 17.23 percent
D) 11.64 percent

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