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Determine the internal rate of return for a project that costs $167,000 and would yield after-tax cash flows of $22,000 per year for the first

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Determine the internal rate of return for a project that costs $167,000 and would yield after-tax cash flows of $22,000 per year for the first 5 years, $30,000 per year for the next 5 years, and $43,000 per year for the following 5 years. 14.94% 11.97% 13.38% 11.51% 14.19% Question 29 (3.5 points) Listen Your company has an opportunity to invest in a project that is expected to result in after-tax cash flows of $16,000 the first year. $18,000 the second year. $21,000 the third year. $24,000 the fourth year. $28.000 the fifth year, and $34.000 the sixth year. The project would cost the firm 572.000. If the firm's cost of capital is 11%. what is the modified internal rate of return? 13.18% 20.10% 15.32% 17.94 O Et 3

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