What is the IRR in the following cash flow? Year End 1 2 3 4 Cash Flow ($) - 3,301 1,110 1,110 1,110 1,110 Choose the closest answer below. O A. The IRR is 14.01%. O B. The IRR is 9.8%. O C. The IRR is 10.8%. O D. The IRR is 11.8%. O E. The IRR is 13.01%.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the IRR in the following cash flow?
Year End
1
2
4
Cash Flow ($)
- 3,301
1,110
1,110
1,110
1,110
Choose the closest answer below.
A. The IRR is 14.01%.
B. The IRR is 9.8%.
C. The IRR is 10.8%.
D. The IRR is 11.8%.
E. The IRR is 13.01%.
Transcribed Image Text:What is the IRR in the following cash flow? Year End 1 2 4 Cash Flow ($) - 3,301 1,110 1,110 1,110 1,110 Choose the closest answer below. A. The IRR is 14.01%. B. The IRR is 9.8%. C. The IRR is 10.8%. D. The IRR is 11.8%. E. The IRR is 13.01%.
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