Multiple Choice
A 25- year project has a cost of $1,500,000 and has annual cash flows of $400,000 in years 1-15, and $200,000 in years 16-25. The company's required rate is 14%. Given this information, calculate
The IRR of the project.
A) 30.25%
B) 28.28%
C) 26.22%
D) 24.25%
E) 22.25%
Correct Answer:

Verified
Correct Answer:
Verified
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