An verimento expected to produce the foll wring and dow year 58000 year 4: $5.000 June 2:51,000 year 5- $6,000 year 3:50 year 6: 8863.65 The investment is affected to cost S 3000oday

a. What will be the IRR on this invesumenc

b. Prove your answer in

(a) by showing how much of each year's cash flows are recovery o $13,000 mvestment and how much cash flow represents renin o svestment AppendixLO1