Question: Question 9 XYZ is evaluating a project that would require an initial investment of $70,400.00 today. The project is expected to produce annual cash flows

Question 9 XYZ is evaluating a project that would require an initial investment of $70,400.00 today. The project is expected to produce annual cash flows of $8,500.00 each year forever with the first annual cash flow expected in 1 year. The NPV of the project is $7,700.00. What is the IRR of the project? O 12.07% (plus or minus 0.02 percentage points) 10.94% (plus or minus 0.02 percentage points) 13.56% (plus or minus 0.02 percentage points) 10.88% (plus or minus 0.02 percentage points) None of the above is within 0.02 percentage points of the correct answer
 Question 9 XYZ is evaluating a project that would require an

xyz is evaluating a project that would require an initial investment of 570.400 .00 today. The peoject is expected to procuce anrual cash haws of 1ss00.00 each year. forever with the first annual cash flow expected in 1 year. The NFV of the preject is 57.700 .00 . What is the ife of the profect? 12.07% (plus or minus 0.02 percertage points) 10.04% iplus or minas o 02 percentage points) 13 Sex (plus or minus 0.02 percertage points) 10.08% (plus or minus 0.02 percentage points) None of the above in within 0 o2 percentage points of the correct antwer

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