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Use the information for the question(s) below. Tesla has come up with a new computer board. Development will take Tesla four years and cost $235,000

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Use the information for the question(s) below. Tesla has come up with a new computer board. Development will take Tesla four years and cost $235,000 per year, with the first of the four equal investments payable today upon acceptance of the project. Once in production the computer is expected to produce annual cash flows of $250,000 each year for 10 years. Tesla's discount rate is 15% The IRR for Telsa's computer board project is closest to: Select one: A. 10.4% B. 16.0% C. 11.0% D. 15.1%

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