Calculate the irr for the project for the company

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Problem 1: A firm is considering an investment project with the following cash flows: Year 0=-150,000 (initial costs); Year 1=$40,000, Year 2=$90,000; and Year 3=$30,000, Year 4=$60,000, and Year 5 =$-10,000. The company has a 10% cost of capital, calculate the IRR for the project.

a. 15.9%
b. 16.2%
c. 17.2%
d. This is a non-normal cash flow project, so we can use IRR approach to evaluate it.

Reference no: EM132997961

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