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question at the bottom Use for the following three problems: Uncle Cosmo plans to build a factory. Its expected cash flows are described by the

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Use for the following three problems: Uncle Cosmo plans to build a factory. Its expected cash flows are described by the following table. Required return is 11% Year Cash Flow (2345) 0 1 800 2 635 3 787 4 942 5 175 52 What is the effective annual rate of 12% compounded monthly? O a. 12.27% O b. 12.85% O c. 12.44% O d. 12.68% What is the project's IRR? Should it be accepted? O a. 14.9%: no n b. 14.9%: yes Oc 10.3%: no O d. 10.3%: yes Clear my choice What is the effective annual rate of 12% compounded monthly? a. 12.27% b. 12,85% OC 12.44% d. 12.68%

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