Examveda
Examveda

The cash flow of a project is given as follows:
Year 0 1 2 3 4
Cash flow (Rs.) -5000 15000 15000 20000 22500

The internal rate of return (IRR) in percent lies between

A. 15 and 16

B. 14 and 15

C. 16 and 17

D. 13 and 14

Answer: Option A


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