Question: QUESTIONS XYZ is evaluating a project that would require an initial investment of $67,000 today. The project is expected to produce annual cash flows of

QUESTIONS XYZ is evaluating a project that would require an initial investment of $67,000 today. The project is expected to produce annual cash flows of 57,400 each year forever with the first annual cash flow expected in 1 year. The NPV of the project is $6,300. What is the IRR of the project? a. 10.10% (plus or minus 0.02 percentage points) b. 11.04% (plus or minus 0.02 percentage points) c. 12.19% (plus or minus 0.02 percentage points) d. 9.40% (plus or minus 0.02 percentage points) e. None of the above is within 0.02 percentage points of the correct answer Save AN Answers Click Save and Submit to save and submit. Click Save All Answers to sau MacBook Pro 30 DOBRE W

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