5. Project A has the net present value at a discount rate of 17% is $5,380 and at a rate of 19% the net present value is at ($2,670). What is the internal rate of return for the project? A 15.7% B 16.5% C 18.3% D 17.6%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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5. Project A has the net present value at a discount rate of 17% is $5,380 and at a rate of 19%
the net present value is at ($2,670). What is the internal rate of return for the project?
A 15.7%
B 16.5%
C 18.3%
D 17.6%
Transcribed Image Text:5. Project A has the net present value at a discount rate of 17% is $5,380 and at a rate of 19% the net present value is at ($2,670). What is the internal rate of return for the project? A 15.7% B 16.5% C 18.3% D 17.6%
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