Question: While using the trial-and-error approach to find a project's IRR. you first try 8% and find the present value of the cash inflows to be

 While using the trial-and-error approach to find a project's IRR. you

While using the trial-and-error approach to find a project's IRR. you first try 8% and find the present value of the cash inflows to be exactly equal to the cost of the project. From this you can conclude that A the IRR is 8%. B. the IRR is below 8% c. the IRR cannot be calculated for this project O D. the IRR is above 8%

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