Question: XYZ is evaluating a project that would last for 3 years. The project's internal rate of return is 8.90 percent:its NPV is-52,300; and the expected

 XYZ is evaluating a project that would last for 3 years.

XYZ is evaluating a project that would last for 3 years. The project's internal rate of return is 8.90 percent:its NPV is-52,300; and the expected cash flows are presented in the table. What is X? Years from today 0 1 2 3 Expected cash flow (in 5) -78,000 61.000 14.000 a. An amount less than 59.000 or an amount equal to or greater than $17.000 b. An amount equal to or greater than 59,000 but less than $11,000 c. An amount equal to or greater than $11.000 but less than $13.000 d. An amount equal to or greater than $13.000 but less than 515.000 e. An amount equal to or greater than $15.000 but less than 517.000

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