Muscle Company is investing in a giant crane.It is expected to cost $6.5 million in initial investment,and it is expected to generate an end-of-year cash flow of $3.0 million each year for three years.Calculate the IRR.
A)14.6 %
B)16.4 %
C)18.2 %

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The Answer of Muscle Company is investing in a giant crane.It is expected to cost $6.5 million in initial investment,and it is expected to generate an end-of-year cash flow of $3.0 million each year for three years.Calculate the IRR.
A)14.6 %
B)16.4 %
C)18.2 %

Muscle Company Is Investing in a Giant Crane