FNAN 522 FINAL Exam_FNAN522 Exam II-FINAL Questions and Answers.
FNAN522-020_860-Question 2 Correct Mark 1.00 out of 1.00 Question 3 Correct Mark 1.00 out of 1.00 A project has an initial investment requirement of $100,000. In year 1, it should earn $25,000; in year two, $30,000; and in year 3, $50,000. What is the project's internal rate of return? Assume the cash flows in years one, two, and three happen at the end of the year. Select one: a. 5.0% b. 6.21% c. 7.56% d. 2.21% The correct answer is: 2.21%
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