You are considering a project that will cost $400,000 today and is expected to bring in $30,000 annually for the next 20 years (starting in one year). Which of the following is the right equation for this project's IRR? A. $30.000 (1+IRR)20-1 - $400,000 = 0 IRR B. $400,000 [GRR TRR(1+1R)20] - $30,000 = 0 C. $30,000 (GER - TERCAHVPRO20)] - $400,000 = 0 D. $30,000 (GR Ter(14188320] (1 + IRR) - $400,000 = 0 RR IRR(1+ IRR) O AA To cc To oo RA 5.7 Homework Unanswered Which of the following is incorrect regarding the Payback Period method? It ignores the riskiness of the project o B Frequently used to evaluate energy savings projects Takes account of time value of money o D ignores cashflows beyond the project's payback period O E Easiest capital budgeting method to execute