Given the following net cash flows, determine the IRR of the project: (to the nearest whole percent) $$\begin{array} { | c | c | }
\hline \text { Time } & \text { Net Cash Flow } \
\hline 0 & \$ 1,520 \
\hline 1 & - \$ 1,000 \
\hline 2 & - \$ 1,500 \
\hline 3 & \$ 500 \
\hline
\end{array}$$
A)36%
B)32%
C)28%
D)24%
E)20%

Question

Given the following net cash flows, determine the IRR of the project: (to the nearest whole percent) $$\begin{array} { | c | c | } 
\hline \text { Time } & \text { Net Cash Flow } \
\hline 0 & \$ 1,520 \
\hline 1 & - \$ 1,000 \
\hline 2 & - \$ 1,500 \
\hline 3 & \$ 500 \
\hline
\end{array}$$
A)36%
B)32%
C)28%
D)24%
E)20%

Quizplus · Accepted Answer

The Answer of Given the following net cash flows, determine the IRR of the project: (to the nearest whole percent) $$\begin{array} { | c | c | } 
\hline \text { Time } & \text { Net Cash Flow } \
\hline 0 & \$ 1,520 \
\hline 1 & - \$ 1,000 \
\hline 2 & - \$ 1,500 \
\hline 3 & \$ 500 \
\hline
\end{array}$$
A)36%
B)32%
C)28%
D)24%
E)20%

Given the Following Net Cash Flows, Determine the IRR of the Project