What is the internal rate of return for tlc inc

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Problem 1: T.L.C., Inc. is considering an investment with an initial cost of $175,000. The cash inflows generated by the project are estimated at $76,000 for the first two years and $30,000 for the following two years. What is the internal rate of return?

Select one:

a. 9.27 percent
b. 11.58 percent
c. 9.98 percent
d. 10.79 percent
e. 10.62 percent

 

Reference no: EM132776883

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