Question: (Numbers in parentheses are negative cash flows) These two projects are independent. Year Cash Flow of A Cash Flow of B 0 ($5000) ($2000) $1000

 (Numbers in parentheses are negative cash flows) These two projects are

(Numbers in parentheses are negative cash flows) These two projects are independent. Year Cash Flow of A Cash Flow of B 0 ($5000) ($2000) $1000 $1000 2 $2000 $1000 3 $2000 $2000 4 $2000 $1000 5 $1000 ($1000) 1 What is the approximate IRR of project A if the required rate of return is 9.5%? 40.97% O 17.74% 15.84% O 14.85% O 15.34%

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