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 $42,000, $60000,

The Dry Dock is considering a project with an initial cost of $120,000. The projects cash inflows for years 1 through 3 are $42,000, $60000, and $42000, respectively. What is the IRR of this project?

O 9.82 %

O 9.35%

O 9.68%

O 8.56%

O 10.26%

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