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P9-10 Calculating IRR [LO5] What is the IRR of the following set of cash flows? Year Cash Flow 0 $10,250 1 6,200 2 4,900 3

P9-10 Calculating IRR [LO5] What is the IRR of the following set of cash flows?

Year Cash Flow

0 $10,250

1 6,200

2 4,900

3 3,500

A:21.91%

B:22.81%

C:21.24%

D:22.36%

E:23.48%

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