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A Project Has the Following Cash Flows A)908 Percent
B)9

Question 88

Multiple Choice

A project has the following cash flows.What is the internal rate of return?  Year  Cash Flow 0$68,700119,600222,300327,500415,300\begin{array} { | c | r | } \hline \text { Year } & \text { Cash Flow } \\\hline 0 & - \$ 68,700 \\\hline 1 & 19,600 \\\hline 2 & 22,300 \\\hline 3 & 27,500 \\\hline 4 & 15,300 \\\hline\end{array}


A) 9.08 percent
B) 9.16 percent
C) 9.58 percent
D) 9.23 percent
E) 9.19 percent

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