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Use the table for the question(s) below. Consider the following two projects: Project Year 0 C/F Year 1 C/F Year 2 C/F Year 3 C/F

Use the table for the question(s) below. Consider the following two projects: Project Year 0 C/F Year 1 C/F Year 2 C/F Year 3 C/F Year 4 C/F Year 5 C/F Year 6 C/F Year 7 C/F Discount Rate Alpha 79 20 25 30 35 40 N/A N/A 15% Beta 80 25 25 25 25 25 25 25 16% The internal rate of return (IRR) for project Beta is closest to: Question content area bottom Part 1 A. 25.0% B. 22.2% C. 24.5% D. 22.7%

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