What comes closest to the internal rate of return on a 5-year project with an immediate cost of $600 and the cash inflow of $380 and $290 at the end of year 1 and 2 respectively and $60 at the end of year 3, 4, and 5? If the required rate of return on this project is 19.5%, should this project be accepted?

What comes closest to the internal rate of return on a 5-year project with an immediate cost of $600 and the cash inflow of $380 and $290 at the end of year 1 and 2 respectively and $60 at the end of year 3, 4, and 5? If the required rate of return on this project is 19.5%, should this project be accepted?

20.6%; Yes

13.6%; Yes

13.6; No

20.6%; No