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The management of Polonius Ltd is submitting a proposal to the Board of Directors for a new facility with the following cash flows. Year Cash

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The management of Polonius Ltd is submitting a proposal to the Board of Directors for a new facility with the following cash flows. Year Cash flow 0 -49.8 1 10.3 2 12.7 3 19.2 4 26.1 The company's hurdle rate is 8.5%. internal rate of return for the proposed project is closest to: A. 8.5%. B. 11.82%. C. 7.03%

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