Question: The Dry Dock is considering a project with an initial cost of $120,000. The projects cash inflows for years 1 through 3 are $40,000, $55,000,

The Dry Dock is considering a project with an initial cost of $120,000. The projects cash inflows for years 1 through 3 are $40,000, $55,000, and $50,000, respectively. What is the IRR of this project? Group of answer choices 8.72 percent 12.72 percent 9.72 percent 11.72 percent 10.72 percent

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