Glossimer Thread Company is evaluating an investment that will cost $770,000 and will yield cash inflows of $260,000 in the first year, $295,000 in the second year, and $390,000 in the third and the final year. Use the table below and determine the internal rate of return. Present value of $1: 8% 1 0.926 2 0.857 3 0.794 4 0.735 0.681 5 9% 0.917 0.842 0.772 0.708 0.65 The IRR of the project will be OA. between 9% and 10% 10% 0.909 0.826 0.751 0.683 0.621 B. less than 9%, more than 8% OC. less than 8% O D. more than 10% 11% 12% 0.901 0.893 0.812 0.797 0.731 0.712 0.659 0.636 0.593 0.567 ...

thal year. Ure the tabie below and delomine the internal rate of rotum. The tre of the prejad wa be A. between 9% and 10% B. Wus than 9%, more than 8% C. ieas tan 8% D. more than 19%