Ishi company is considering three projects. The projects have the following cash flows. What is the internal rate of return for each project? Which project should ishi select? (Show your work)
Initial capital investment
Cashflow by year Project A Project B Project C
100,000 125,000 150,000
1 27,741 50,264 44,284
2 27,741 50,264 44,284
3 27,741 50,264 44,284
4 27,741 0 44,284
5 27,741 0 0