the internal rate of return for this investment opportunity is closest to?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 1CMA
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Balentine company has been presented with an investment opportunity that will yield the following cash flow as given below. the company appropriate wacc is 4%. years 0 1 2 3 cash flow -1000, 500 ,900 ,100 the internal rate of return for this investment opportunity is closest to?
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