Consider the following information: Cash Flows ($) Project C0 C1 C2 C3 C4

A 7,000 2,200 2,200 6,600 0

B 2,300 0 1,000 4,000 5,000

C 6,600 3,600 2,500 2,500 2,000

Calculate the IRR of Project B.

56%

14%

50%

70%