Question: Use the table for the question(s) below. Consider a project with the following cash flows: Year Cash Flow 0 10,000 1 4000 2 4000 3

Use the table for the question(s) below.

Consider a project with the following cash flows:

Year Cash Flow
0 10,000
1 4000
2 4000
3 4000
4 4000

Assume the appropriate discount rate for this project is 15%. The IRR for this project is closest to:

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Part 1

A.

22%

B.

15%

C.

21%

D.

60%

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