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The Texas Healthcare Group of Richardson has the following cash flow project over the next 5 years for a dialysis machine: Years 0 1 2

The Texas Healthcare Group of Richardson has the following cash flow project over the next 5 years for a dialysis machine:

Years 0 1 2 3 4 5

Investment ($80,000)

Operating Cash Flow ($5,000) $25,000 $40,000 $60,000 $55,000

What is the Internal Rate of Return (IRR) for the project?

33.7%

22.9%

28.9%

24.98%

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