Question: Please use BAII+ calculator to help solve this problem. You are considering the following three mutually exclusive projects. The required rate of return for all

Please use BAII+ calculator to help solve this problem.

Please use BAII+ calculator to help solve this problem. You are considering

You are considering the following three mutually exclusive projects. The required rate of return for all three projects is 14%. Year A B B 0 $ (1,000) $(5,000) $(50,000) 1 $ 300 $ 1,700 $ 0 2 $300 $ 1,700 $15,000 3 $ 600 $1,700 $ 28,500 4 $300 $1,700 $ 33,000 What is the IRR of the best project? % terms to 2 decimal places w/o % sign

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