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Whitney Crane Inc. has the following independent investment opportunities for the coming year: Project Cost Annual Cash Flow Life (years) IRR A -10000 $11,800 1
Whitney Crane Inc. has the following independent investment opportunities for the coming year:
Project | Cost | Annual Cash Flow | Life (years) | IRR |
A | -10000 | $11,800 | 1 | 18% |
B | -5000 | $3,075 | 2 | 15% |
C | -12000 | $5,796 | 3 | |
D | -3000 | $1,009 | 4 | 13% |
The IRR for Project C is:
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