Question 3 You are considering the following three mutually exclusive projects. The required rate of return for all three projects is 14%. Year 0 1 2 3 4 A $ (1,000) $300 $300 $ 600 $300 B I $(5,000) $1,700 $ 1,700 $1,700 $1,700 $(50,000) $0 $15,000 $ 28,500 $ 33,000 What is the IRR of the best project? % terms to 2 decimal places w/o % sign 2 pts Next

You are considering the following three mutually exclusive projects. The required rate of return for all three projects is \14. What is the IRR of the best project? \\% terms to 2 decimal places w/o \\% sign