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Internal rate of returnFor the project shown in the following table, LOADING... , calculate the internal rate of return (IRR). Then indicate, for the project,

Internal rate of returnFor the project shown in the following table, LOADING... , calculate the internal rate of return (IRR). Then indicate, for the project, the maximum cost of capital that the firm could have and still find the IRR acceptable.

Initial investment $70,000 Year (t) Cash inflows 1. $30,000 2. $10,000 3. $15,000 4. $30,000 5. $30,000

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