Question: Given the data in the following table, what is the IRR of Project B? NOTE: The cost of capital for both Project A and Project

Given the data in the following table, what is the IRR of Project B? NOTE: The cost of capital for both Project A and Project B is 11%. 1) 18.51% 2) 18.03% 3) 19.33% 4) None of the answers in this list is within 0.10 percentage points of the correct answer. 5) 16.87% 6) 17.55%

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