Question: QUESTION 1 XYZ is evaluating a project that would require an initial Investment of $72,300.00 today. The project is expected to produce annual cash flows

 QUESTION 1 XYZ is evaluating a project that would require an

QUESTION 1 XYZ is evaluating a project that would require an initial Investment of $72,300.00 today. The project is expected to produce annual cash flows of $8,400.00 each year forever with the first annual cash flow expected in 1 year. The NPV of the project is $7,500.00. What is the IRR of the project? O 11.62% (plus or minus 0.02 percentage points) 10.53% (plus or minus 0.02 percentage points) 10.37% (plus or minus 0.02 percentage points) 12.96% (plus or minus 0.02 percentage points) O None of the above is within 0.02 percentage points of the correct

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