Question: Steve Ballmer is considering a project with an initial cost of $122,400. The project's cash inflows for years 1 through 3 are $37,200, $54,600, and

Steve Ballmer is considering a project with an initial cost of $122,400. The project's cash inflows for years 1 through 3 are $37,200, $54,600, and $46,900, respectively. What is the IRR of this project?

Question 6 options:

A)	7.48 percent

B)	8.04 percent

C)	6.28 percent

D)	8.22 percent

E)	8.56 percent

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