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Darius Inc. is considering a project that has the following cash flow data. What is the project's IRR? Year 0 = $-20,000 Year 1 =

Darius Inc. is considering a project that has the following cash flow data. What is the project's IRR?

Year 0 = $-20,000 Year 1 = $5,000 Year 2 = $8,000 Year 3 = $8,000 Year 4 = $10,000 Year 5 = $5,000

a.

21.82%

b.

22.54%

c.

22.83%

d.

23.15%

e.

23.29%

f.

23.87%

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