Question: The Dry Dock is considering a project with an initial cost of $100,000. The project's cash inflows for years 1 through 3 are $35,000, $40,000,

 The Dry Dock is considering a project with an initial cost

The Dry Dock is considering a project with an initial cost of $100,000. The project's cash inflows for years 1 through 3 are $35,000, $40,000, and $45,000, respectively, What is the IRR of this project? 8.69 percent 7.89 percent 6.48 percent 10.23 percent 9.28 percent

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