Question: Dice, Inc. is considering a project that has an initial outlay or cost of $120,000. The project's only expected cash inflow is to occur in
Dice, Inc. is considering a project that has an initial outlay or cost of $120,000. The project's only expected cash inflow is to occur in year 5 and be equal to $150,000. What is the IRR of this project?
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Part 1
A.
11.37%
B.
18.19%
C.
25.00%
D.
4.56%
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