What is the internal rate of return for a project that requires a curr

What is the internal rate of return for a project that requires a current cash outlay of $15,187 and is expected to generate cash inflows of $5,000 at the end of each of the next four years?

A) 12.0%
B) 11.5%
C) 12.3%
D) 14.1%
E) 13.0%

 

 

ANSWER

A

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