Tucker Corp A)1582%
B)16

Multiple Choice

Tucker Corp.is considering a project that has the following cash flow data.What is the project's IRR? $\begin{array}{l}\begin{array}{l}\text { Year: } \\\text { Cash flows: }\end{array}\begin{array}{cccc}0 & 1 & 2 & 3 \\\hline-\$ 1,000 & \$ 450 & \$ 450 & \$ 450\end{array}\end{array}$

A) 15.82%
B) 16.65%
C) 17.48%
D) 18.36%