Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected.
A) 13.13%
B) 14.44%
C) 15.89%
D) 17.48%
E) 19.22%

Question

Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected. 
A) 13.13% 
B) 14.44% 
C) 15.89% 
D) 17.48% 
E) 19.22%

Quizplus · Accepted Answer

The Answer of Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital (and even negative), in which case it will be rejected. 
A) 13.13% 
B) 14.44% 
C) 15.89% 
D) 17.48% 
E) 19.22%