What is the internal rate of return on an investment with the following cash flows?
$\begin{array}{|l|l|}
\hline \text { Year } & \text { Cash Flow } \
\hline 0 & -£ 123,400 \
\hline 1 & £ 36,200 \
\hline 2 & £ 54,800 \
\hline 3 & £ 48,100 \
\hline
\end{array}$
A)5.93%
B)5.96%
C)6.04%
D)6.09%
E)6.13%

Question

Quizplus · Accepted Answer

The Answer of What is the internal rate of return on an investment with the following cash flows?
$\begin{array}{|l|l|}
\hline \text { Year } & \text { Cash Flow } \
\hline 0 & -£ 123,400 \
\hline 1 & £ 36,200 \
\hline 2 & £ 54,800 \
\hline 3 & £ 48,100 \
\hline
\end{array}$
A)5.93%
B)5.96%
C)6.04%
D)6.09%
E)6.13%

What Is the Internal Rate of Return on an Investment