Question: Question 15 (1 point) Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by

Question 15 (1 point)

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?

Question 15 options:

A)

40-41%
B)

41-42%
C)

42-43%
D)

43-44%
E)

44-45%
F)

None of the above

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