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Given the following free cash? flows, PROJECT A PROJECT B PROJECTCInitial outlay -70,000 -140,000 -450,000Cash inflows: Year 1 12,000 120,000 220,000Year 2 18,000 30,000 220,000Year 3 22,000 30,000 220,000Year 4 28,000 30,000 --------Year 5 32,000 30,000 ---------What is the IRR of project? A?What is the IRR of project? B?What is the IRR of project? C?determine the IRR for the three independent projects? A, B, andC
