(TRUE or FALSE?) In general, the correlation of returns between a U.S. stock and a foreign stock tends to be lower than between two U.S. stocks. O FALSE O TRUE Question 16 Abbott Laboratories has a project with initial investment requiring $-180,000 and the following cash flows will be generated because of the project: $30,000; $52,000; $48,000; $29,000; and $50,000 respectively at the end of each year for the next five years. If the required rate of return is 0.11, find the internal rate of return (IRR) of the project. O 14.00% O none of the answers is correct 5.05% 3.68% 1 pts O 12.00%