Suppose a Project Costs $300 and Produces Cash flOws of $100

Multiple Choice

Suppose a project costs $300 and produces cash flows of $100 over each of the following six years. What is the IRR of the project?

A) There is not enough information; a discount rate is required
B) 10.0%
C) 24.3%
D) 34.9%
E) 38.1%