Question: please show all work on paper. Not on excel 15) Kelsey Corp. is considering an opportunity that requires an investment of $1,000,000 today and will

please show all work on paper. Not on excel please show all work on paper. Not on excel 15) Kelsey Corp.

15) Kelsey Corp. is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year from now, $450,000 two years from now, and $650,000 three years from now. The internal rate of return of this project is closest to: a) 10.2%. b) 12.2% c) 14.2%. d) 16.2%

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