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

Question

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

Quizplus · Accepted Answer

The Answer of What is the internal rate of return on an investment with the following cash flows? $$\begin{array} { c c } 
\underline{\text { Year }}  & \underline{\text { Cash Flow }}  \
0 & - \$ 123,400 \
1&\$ 36,200 \
2 & \$ 54,800 \
3 & \$ 48,100
\end{array}$$
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