Question: I WILL THUMBS UP PLEASE ANSWER Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which

I WILL THUMBS UP PLEASE ANSWER

Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by $1000 each year. The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described?

Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by $1000 each year. The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described?

40-41%

41-42%

42-43%

43-44%

44-45%

None of the above

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