question archive A project has the following cash flows

A project has the following cash flows

Subject:FinancePrice:2.85 Bought3

A project has the following cash flows. What is the Internal Rate of Return (IRR)?

Year    Cash Flow

0 -$195,600
1            $ 99,800
2            $ 87,600
3            $ 75,300

Question options:

 
A) 19.08 percent
 
   
 
B) 13.96 percent
 
C) 17.23 percent
 
D) 11.64 percent

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