Spence Company is considering a project that has the following cash flow data.What is the project's IRR? Note that a project's IRR can be less than the WACC or negative,in both cases it will be rejected.
A)14.05%
B)15.61%
C)17.34%
D)19.27%
E)21.20%

Question

Spence Company is considering a project that has the following cash flow data.What is the project's IRR? Note that a project's IRR can be less than the WACC or negative,in both cases it will be rejected. 
A)14.05% 
B)15.61% 
C)17.34% 
D)19.27% 
E)21.20%

Quizplus · Accepted Answer

The Answer of Spence Company is considering a project that has the following cash flow data.What is the project's IRR? Note that a project's IRR can be less than the WACC or negative,in both cases it will be rejected. 
A)14.05% 
B)15.61% 
C)17.34% 
D)19.27% 
E)21.20%

Spence Company Is Considering a Project That Has the Following