you are considering the following three mutually exclusive projects. the required rate of return for all three projects is 14%. year a b c 0 $ (1,000) $(5,000) $(50,000) 1 $ 300 $ 1,700 $ 0 2 $300 $ 1,700 $15,000 3 $ 600 $1,700 $ 28,500 4 $300 $1,700 $ 33,000 what is the irr of the best project? % terms to 2 decimal places w/o % sign
