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What is the IRR of the following set of cash flows? Year Cash Flow 0 -$61,300 1 18,900 2 64,500 3 7,600 A) 12.93 percent

What is the IRR of the following set of cash flows?

Year Cash Flow
0 -$61,300
1 18,900
2 64,500
3 7,600

A) 12.93 percent B) 16.33 percent C) 23.86 percent D) 17.78 percent E) 14.90 percent

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