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The Rollins Supply Company is considering an expansion project with cash flows as shown below. The cost of capital is 7%. Calculate the internal rate
The Rollins Supply Company is considering an expansion project with cash flows as shown below. The cost of capital is 7%. Calculate the internal rate of return (IRR) for this project.
Year | Cash Flow |
|
0 | $2,800 | |
1 | $1,500 | |
2 | $1,100 | |
3 | $1,100 | |
4 | $1,600 | |
5 | $1,300 |
A) 37.67%
B) 35.25%
C) 37.10%
D) 36.78%
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