Question: Sharpe Table, Inc. is considering a modification to the cutlery assembly line in its main plant in Mansfield, Ohio. The project is expected to have

Sharpe Table, Inc. is considering a modification to the cutlery assembly line in its main plant in Mansfield, Ohio. The project is expected to have the following cash flows. The firm's discount rate (WACC) is 10%. What is the IRR of the project? Year 0 1 2 3 4 Cash Flow -12,000 3,400 4,800 5,300 5,825 Select one: a. 23.93% b. 10.69% c. 24.12% d. 20.17% e. 12.00%
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