Question: Question 25 (4 points) 8B: Bob is thinking about opening a restaurant and is forecasting the following cash flows (in $000). What is the IRR,

 Question 25 (4 points) 8B: Bob is thinking about opening a

Question 25 (4 points) 8B: Bob is thinking about opening a restaurant and is forecasting the following cash flows (in $000). What is the IRR, rounded to the nearest percentage? Time CF 0 -502 125 2 125 3 125 4 125 0% 4% 6% 2%

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