Question: Consider the project described in the table below. What is the project's internal rate of return? Cost of Capital Rate 12% Time 0 1 2
Consider the project described in the table below. What is the project's internal rate of return?
| Cost of Capital Rate | 12% | ||||
| Time | 0 | 1 | 2 | 3 | 4 |
| Cash Flows | ($1,400) | $200 | $500 | $800 | $1,000 |
Select one:
a.
22.62%
b.
21.75%
c.
21.31%
d.
22.18%
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