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Apple Corporation is deciding whether to introduce a line of Apple branded refrigerators that are expected to have an initial development cost of $14.000. Apple

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Apple Corporation is deciding whether to introduce a line of Apple branded refrigerators that are expected to have an initial development cost of $14.000. Apple estimates that over the next years the new retigerators will generate annual free cash flows of $37000 $45.700 556,400 and $21900, respectively. What is the Internal rate of return of this project? Multiple Choice 1.70% 16.04 1537 1337 14.26%

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