Question: Question 4 0.813 points Save Answer Project K requires an initial outlay att = 0 of $85,000, its expected cash inflows are $42,000 for three

 Question 4 0.813 points Save Answer Project K requires an initial

Question 4 0.813 points Save Answer Project K requires an initial outlay att = 0 of $85,000, its expected cash inflows are $42,000 for three years, and its WACC is 8%. The IRR (internal rate of return) for this project is: O a.22.6% b.20% OC.23.2% d. 21.6% e. 18.5%

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