A company invested $3.5 million in a five-year project. It assessed that this project would generate $4.4 million revenue by the end of a five-year period in terms of today's dollars. If inflation is expected to be 3.0% per year over that period, what is the current IRR?
A)4.7%
B)5.7%
C)6.8%
D)7.8%
E)8.7%

Question

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The Answer of A company invested $3.5 million in a five-year project. It assessed that this project would generate $4.4 million revenue by the end of a five-year period in terms of today's dollars. If inflation is expected to be 3.0% per year over that period, what is the current IRR?
A)4.7%
B)5.7%
C)6.8%
D)7.8%
E)8.7%

A Company Invested $3