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PLEASE SHOW WORK WITH NO EXCEL You are considering an investment opportunity that requires an initial investment of $150 million in period 0. The project

image text in transcribedPLEASE SHOW WORK WITH NO EXCEL

You are considering an investment opportunity that requires an initial investment of $150 million in period 0. The project will generate only one future payment of $171 million at the end of the first year. The cost of capital is 8%. What is the IRR for the project? [Note that getting the actual value should not require trial and error or a financial calculator, because this is a simple case.) O A. 14% OB. 8% O C. 112% OD. 114% O E. 22% OF. 8.3% O G. 12% O H. 12.3%

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