Multiple Choice
A company has the following pattern of cash flows. Today -$47 000, Year 1 -$15 500, Year 2 + $16 000, Year 3 + $35 000, Year 4 + $57 000. What is the IRR?
A) 9.301%
B) 29.301%
C) 19.301%
D) 39.301%
E) 49.301%
Correct Answer:
Verified
Correct Answer:
Verified
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