Question: What is the Internal Rate of Return (IRR) for this investment (same data as in #1)? Year Cash Out Cash In 0 $ (1,465,000) 1

What is the Internal Rate of Return (IRR) for this investment (same data as in #1)?
Year Cash Out Cash In
0 $ (1,465,000)
1 (720,000) $ 530,000
2 560,000
3 610,000
4 640,000
5 670,000
a.

12.67%
b.

12.33%
c.

12.74%
d.
11.89%

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