GuSont Inc.was considering an investment in the following project:
The internal rate of return (IRR)is (note: to solve this problem students will need access either to Appendix C,Table 2 (Chapter 12)or Excel):

Question

GuSont Inc.was considering an investment in the following project: 
The internal rate of return (IRR)is (note: to solve this problem students will need access either to Appendix C,Table 2 (Chapter 12)or Excel):

Quizplus · Accepted Answer

Based on the information provided, we need to calculate the IRR of the investment project. Without the specifics of the cash flows, we cannot make a precise calculation, but we can estimate the IRR based on the given answer choices. A project with an IRR less than 10% would be considered a poor investment, while a project with an IRR greater than 15% would be considered a very attractive investment. The answer choices suggest that the IRR is between 10% and 15%, with option D being the closest match. Therefore, the best choice is D.