Question: Rochester Mobile is considering a project with an initial cost of $150,000. The project's cash inflows for years 1 through 3 are $44,200, $53,600, and
Rochester Mobile is considering a project with an initial cost of $150,000. The project's cash inflows for years 1 through 3 are $44,200, $53,600, and $76,900, respectively. What is the IRR of this project? Select one: a. 7.58 percent b. 7.30 percent OC. 9.56 percent d. 8.15 percent se. 6.22 percent
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