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For each of the projects shown below, calculate the internal rate of return. Given your results, if the company's cost of capital is 22%, which
For each of the projects shown below, calculate the internal rate of return. Given your results, if the company's cost of capital is 22%, which of these projects should the company invest in?
| Year | Project A: CF | Project B: CF | Project C: CF | Project D: CF |
| 0 | -90,000 | -490,000 | -20,000 | -240,000 |
| 1 | 20,000 | 150,000 | 7,500 | 120,000 |
| 2 | 25,000 | 150,000 | 7,500 | 100,000 |
| 3 | 30,000 | 150,000 | 7,500 | 80,000 |
| 4 | 35,000 | 150,000 | 7,500 | 60,000 |
| 5 | 40,000 | 7,500 |
| A | ||
| B | ||
| C | ||
| D |
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