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Chasteen, Incorporated, is considering an investment with an initial cost of $145,000 that would be depreciated straight-line to a zero book value over the

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Chasteen, Incorporated, is considering an investment with an initial cost of $145,000 that would be depreciated straight-line to a zero book value over the life of the project. The cash inflows generated by the project are estimated at $75,000 for the first two years and $30,000 for the following two years. What is the internal rate of return? 21.44% B 20.62% 17.43% 17.55% 20.62%

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