Question: Gore Global is considering the two mutually exclusive projects below.The cash flows from the projects are summarized below. Year ManBearPig Project Cash Flow Flying Car

Gore Global is considering the two mutually exclusive projects below.The cash flows from the projects are summarized below.

Year ManBearPig Project Cash Flow Flying Car Cash Flow

0 -$100,000 -$200,000

1 25,000 50,000

2 25,000 50,000

3 50,000 80,000

4 50,000 100,000

What is the ManBearPig's internal rate of return (IRR) at a 12% cost of capital?

A.10.0%

B.12.7%

C.13.0%

D.15.9%

E.14.6%

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