write my assignment 3828

YEAR        CASH FLOW

0                  -59,000

1                     12,000

2                      24,000

3                       22,000

4                      13,000

Company Q is considering a project with the following cash flows. Should this project be accepted based on its internal rate of return if the required return is 11 percent?

A. Yes; the project’s rate of return is 9.36 percent

B. No; the project’s rate of return is 13.08 percent

C. No; the project’s rate of return is 7.78 percent

D. Yes; the project’s rate of return is 7.78 percent

E. No; the project’s rate of return is 9.36 percent

Year IRR Cash flow0 ($59,000)1 $12,0002 $24,0003 $22,0004 $13,0007.78%