Company has minimum rate of return standard

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If the company has minimum rate of return standard as 10%, which of the following projects would you recommend to the company? A) Investment in year 0, $40,000, returns $10,000 in year 1, $11,000 in year 2, 12,000 in year 3, and $13,000 in year 4. Option B) Investment in year 0, $42,000, returns year 1 $13,000, year 2 $12,000, year 3 $11,000 and year 4 $10,000. Please use IRR method for solving.

Reference no: EM131084905

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