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You are considering the following project. Your cost of capital is 11.9%. The cash flows for this project are shown as below ($ million). What
You are considering the following project. Your cost of capital is 11.9%. The cash flows for this project are shown as below ($ million). What is the IRR of this Project A?
Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | |
Project A | -$100 mil | $25 mil | $39 mil | $34 mil | $43 mil |
A. | 11.2% | |
B. | 16.7% | |
C. | 18.2% | |
D. | 14.2% |
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