Your company is considering a project with the following cash flows: Initial outlay - 2298

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Your company is considering a project with the following cash flows: Initial outlay = $1,748.80 Cash flows Years 1–6 = $500 Compute the IRR on the project.

a. 18%

b. 11%

c. 24%

d. 9%

Solution Description

Your company is considering a project with the fo