Question 15 (1 point)

Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by $1000 each year. The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described?

Question 15 options:

A)	40-41%
B)	41-42%
C)	42-43%
D)	43-44%
E)	44-45%
F)	None of the above