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Assume the firm invests $155,000 today to get $35,000 at Year 1 (i.e. one year from now), $40,000 at Year 2, $45,000 at Year 3,

Assume the firm invests $155,000 today to get $35,000 at Year 1 (i.e. one year from now), $40,000 at Year 2, $45,000 at Year 3, $46,000 at Year 4, $43,000 at Year 5, and $30,000 at Year 6. What is this projects Internal Rate of Return (IRR)?

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15.39%

13.25%

12.23%

14.02%

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