Multiple Choice
What is the internal rate of return for a project that has a net investment of $370,000 and net cash flows of $60,000 in year 1, $75,000 in year 2, and $85,000 in years 3 through 8?
A) 15.5%
B) 13.6%
C) 17.4%
D) none of these are correct
Correct Answer:

Verified
Correct Answer:
Verified
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