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plz explain also thx choices: 5.7% 10.7% 7.87% 6.7% 16.7% Consider the following two mutually exclusive projects: Question: What is the IRR for project B?

plz explain also thx
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choices:
5.7%
10.7%
7.87%
6.7%
16.7%
Consider the following two mutually exclusive projects: Question: What is the IRR for project B? Note: This project is a perpetuity with initial investment =9,000, and it generates equal cash flows of 1,500 in perpetuity. Multiple Choice

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