Suppose you are seeking to raise $100,000 to finance your 6-year project and the cost of raising all the cash required is 12%. Based on the example done during the Zoom class in Week 11, the best estimate of your Net Present Value (NPV) and Internal Rate of Return (IRR) is closest to $_______ and _______%

Suppose you are seeking to raise $100,000 to finance your 6-year project and the cost of raising all the cash required is 12%. Based on the example done during the Zoom class in Week 11, the best estimate of your Net Present Value (NPV) and Internal Rate of Return (IRR) is closest to $_______ and _______%

a.

$1,071 and 10%

b.

$871 and 12%

c.

$2,487 and 13%

d.

$2,087 and 12%