Question
A project has the following cash inflows $34,444; $39,877; $25,000; and $52,800 for years 1 through 4, respectively. The initial cash outflow is $104,000. Which
A project has the following cash inflows $34,444; $39,877; $25,000; and $52,800 for years 1 through 4, respectively. The initial cash outflow is $104,000. Which of the following four statements is correct concerning the project internal rate of return (IRR)?
The IRR is greater than or equal to 10%, but less than 14%.
The IRR is greater than or equal to 14%, but less than 18%.
The IRR is greater than or equal to 18%
The IRR is less than 10%.
A project has the following cash inflows $34,444; $39,877; $25,000; and $52,800 for years 1 through 4, respectively. The initial cash outflow is $104,000. Which of the following four statements is correct concerning the project internal rate of return (IRR)?
A)The IRR is greater than or equal to 10%, but less than 14%.
B)The IRR is greater than or equal to 14%, but less than 18%.
C)The IRR is greater than or equal to 18%
D)The IRR is less than 10%.
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