A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 years. What is the Internal Rate of Return (IRR)?
A) 14.87%
B) 18.47%
C) 17.48%
D) 16.84%
E) 15.87%

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The Answer of A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 years. What is the Internal Rate of Return (IRR)?
A) 14.87%
B) 18.47%
C) 17.48%
D) 16.84%
E) 15.87%

A Company Spends $117 500 Today and Has Positive Cash