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Project A has an initial cost of $5,000 and would produce cash flows of $1,500 per year for the fest two yes $2,000 per year
Project A has an initial cost of $5,000 and would produce cash flows of $1,500 per year for the fest two yes $2,000 per year for the neit two years, and $1,800 in the final vear, If the required returm is 12%, what is the IRR of the project? A. 51.91% B. 16.75% C. 22.11% D. 21 18%
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