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A project requires an initial investment of $600,000. Estimated net cash flows of $130,000 are expected for a 7 -year period. What is the IfR

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A project requires an initial investment of $600,000. Estimated net cash flows of $130,000 are expected for a 7 -year period. What is the IfR of this project? Do you take this project when the cost of capital of the firm is 14\%? A. 11.7\%: you would not take this project B. 12.7\%; you would not take this project C. 13.7\%; you would not take this project D. 14.7\%; you would take this project E. 15.7\%; you would take this project

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