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Given the following net cash flows: year Net cash flow 0 ($100,000) 1 27,700 2 27,700 3 27,700 4 27,700 5 27,700 What is the
Given the following net cash flows:
year Net cash flow
0 ($100,000)
1 27,700
2 27,700
3 27,700
4 27,700
5 27,700
What is the IRR of the project (to the nearest percentage)?
Group of answer choices
15%
16%
12%
10%
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