Calculate the project's internal rate if return (IRR)

Time Value of Money 2 Assignment 11. TI Calculator Graded Problem Set You are evaluating a proposed project for your company. The project is expected to generate the following end-of-year cash flows: 0 1 2 3 4 5 6 7 8 + + + -$3,000 $300 $400 $600 $600 $800 $800 $800 $500 You have been told you should evaluate this project with an interest rate of 9%. What is the project's NPV? O $185.79 $101.62 $151.80 $219.77 $119.39 Your group leader has now told you that the risk of the project was understated before. As a result, she tells you to recalculate the project's NPV with an 11% interest rate. What is the new NPV? -$115.38 -$104.13 -$66.36 $147.53 CENGAGE MINDTAP ime Value of Money 2 Assignment $119.39 Your group leader has now told you that the risk of the project was understated before. As a result, she tells you to recalculate the project's NPV with an 11% interest rate. What is the new NPV? -$115.38 -$104.13 -$66.36 -$147.53 -$28.59 When the project was first evaluated at 9%, you would have advised that the company accept the project because it added value for the company. But now with an 11% interest rate, you will advise the company to reject the project because it loses value for the company. Calculate the project's Internal rate of return (IRR). 10.45% 10.01% 9.79% 9.99% 14.76%