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 cost of capital 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 cost of capital 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 cost of capital 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