QUESTION $26$

An investment project has an initial outlay of $50,000$ and at the end of each of the next two years, has returns of $30,000.$ Find the associated internal rate of return $($IRR$),r.$

A$.r=13\mathrm{.}2\%$

B$.r=5\mathrm{.}5\%$

C$.r=10\mathrm{.}2\%$

D$.r=11\mathrm{.}4\%$