Kiley electronics is considering a project that has the following cash flow data. what is the project's irr? note that a project's irr can be less than the cost of capital (and even negative), in which case it will be rejected. year 0 1 2 3cash flows −$1,100 $450 $470 $490a. 9.70%b. 10.78%c. 11.98%d. 13.31%e. 14.64%

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0    

IRR13.31%    

Year                                      0            1              2                3

Cash flow stream               -1100.000    450.000   470.000    490.000

Discounting factor                    1.000       1.133        1.284         1.455

Discounted cash flows project  -1100.000397.136366.060336.804

NPV = Sum of discounted cash flows    

NPV Project =0.000    

Where    

Discounting factor = (1 + discount rate)^(Corresponding period in years)  

Discounted Cashflow =Cash flow stream/discounting factor  

IRR  = 13.31%

Therefore, The project's IRR is 13.31%

c.

explanation:

regressive tax taxes the poor and less of the wealthy. this the rich get richer and the poor get more poor. this would create a large wealth gap.

answerprotecting competitors;