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Kool Breeze Corporation is considering the purchase of a $ 2 4 9 , 0 0 0 refrigerator assembly robot. This robot is expected to

Kool Breeze Corporation is considering the purchase of a $249,000 refrigerator assembly robot. This robot is expected to produce cash flows of $78,500, $149,000, and $80,000 over the next three years. What is the internal rate of return on this refrigerator assembly robot?
Select one:
a.
9.88%
b.
11.26%
c.
12.50%
d.
15.23%
e.
23.49%

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