What is the internal rate of return for the project

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1. After-tax net cash flows for a project are as follows. What is the internal rate of return for the project? Enter your answer as a percentage between 0 and 100, rounded to the nearest tenth of a percent.

Year 0 : -$244,000

Year 1: $63,000

Year 2 : $66,000

Year 3 : $149,157

2. In a board of directors election for five directors and straight voting, a majority group of shareholders will elect

a. four directors.

b. five directors.

c. four or five depending on how the cumulative voters vote.

d. the same proportional share of directors as their ownership share.

Reference no: EM131966642

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