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What is the Internal Rate of Return (IRR) for the cash flows provided in the table below? Note: The negative cash flow for year 0
What is the Internal Rate of Return (IRR) for the cash flows provided in the table below? Note: The negative cash flow for year 0 is the initial investment for the project. The required rate of return is 12.0% Year Cash Flow 0 minus $100,000 1 $55,000 2 $35,000 3 $15,000 A. 8.00% B. 3.07% C. 0.00% D. 9.70%
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