A four year project that has an initial cost of $60,000. The future cash inflows are $40,000, $30,000, $20,000, and $10,000, respectively. Given this information, what is the IRR for?
A) 25.68%
B) 27.14%
C) 29.35%
D) 30.03%
E) 31.38%
Correct Answer:
Verified
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