ch.11 question 2

Project Leonardo costs $125,000 and is expected to produce cash flows of $26,000 per year for 6 years. If the company's WACC is 4%, what is the project's internal rate of return (IRR)? 6.72% 7.14% 8.56% 10.55% 13.46% Project Leonardo costs $125,000 and is expected to produce cash flows of $26,000 per year for 6 years. If the company's WACC is 4%, what is the project's internal rate of return (IRR)? 6.72% 7.14% 8.56% 10.55% 13.46%