Technology Corp

Technology Corp. is considering a $200,000 investment in a new marketing campaign which they anticipate will provide annual cash flows of $52,000 for the next 5 years. The firm has a 10% cost of capital. What should the analysis indicate to the firm's managers?

A) IRR between 9% and 10% - accept the project
B) IRR between 9% and 10% - reject the project
C) IRR between 10% and 11% - accept the project
D) Not enough information to determine