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What is the internal rate of return (IRR) of a project that has the following cash flows? The required return is 10.0%. Year 0 Cash

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What is the internal rate of return (IRR) of a project that has the following cash flows? The required return is 10.0%. Year 0 Cash Flow $ (16,000) $5,000 $ 5,000 1 2 3 4 $ 5,000 $5,000 $5,000 $ 5,000 5 6 9.65% None of these are correct. 16.88% 12.98% 21.57%

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