A project has the following cash flows.What is the internal rate of return? $$\begin{array} { | c | r | }
\hline \text { Year } & \text { Cash Flow } \
\hline 0 & - \$ 89,300 \
\hline 1 & 32,900 \
\hline 2 & 64,200 \
\hline 3 & 5,800 \
\hline
\end{array}$$
A)11.21 percent
B)10.47 percent
C)10.72 percent
D)8.57 percent
E)9.19 percent

Question

A project has the following cash flows.What is the internal rate of return? $$\begin{array} { | c | r | } 
\hline \text { Year } & \text { Cash Flow } \
\hline 0 & - \$ 89,300 \
\hline 1 & 32,900 \
\hline 2 & 64,200 \
\hline 3 & 5,800 \
\hline
\end{array}$$
A)11.21 percent
B)10.47 percent
C)10.72 percent
D)8.57 percent
E)9.19 percent

Quizplus · Accepted Answer

The Answer of A project has the following cash flows.What is the internal rate of return? $$\begin{array} { | c | r | } 
\hline \text { Year } & \text { Cash Flow } \
\hline 0 & - \$ 89,300 \
\hline 1 & 32,900 \
\hline 2 & 64,200 \
\hline 3 & 5,800 \
\hline
\end{array}$$
A)11.21 percent
B)10.47 percent
C)10.72 percent
D)8.57 percent
E)9.19 percent

A Project Has the Following Cash Flows A)1121 Percent B)10

A Project Has the Following Cash Flows A)1121 Percent
B)10