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Coughlin Motors is considering a project with the following expected cash flows: NINV = $600 million; NCF1 = $250 million; NCF2 = $250 million NCF3

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Coughlin Motors is considering a project with the following expected cash flows: NINV = $600 million; NCF1 = $250 million; NCF2 = $250 million NCF3 = $250 million; NCF4 = $600 million If the cost of capital is 12% and the risk free rate of interest is 6%, what is the project's internal rate of return? A. 72% B. 61.17% C. 35.42% D. 44.44%

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