Question: Remaining Time: 1 hour, 59 minutes, 14 seconds. Question Completion Status: QUESTION 1 A company is considering a new project that will cost $185,000. The
Remaining Time: 1 hour, 59 minutes, 14 seconds. Question Completion Status: QUESTION 1 A company is considering a new project that will cost $185,000. The project is expected to generate positive cash flows over the next four years in the amounts of $45,000 in year one, $55,000 in year two, $65,000 in year three, and $75,000 in year four. The required rate of return is 8%. What is the IRR of this project? O2.42% O 15.37% 10.33 % 07.08 % 12.73%
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