f a project in which you invest $6,000 today and receive $2,000 at the end of each of the next 5 years, followed by $1,000 at the end of the 6th year?…

What is the IRR of a project in which you invest $6,000 today and receive $2,000 at the end of each of the next 5 years, followed by $1,000 at the end of the 6th year?

a.16.55%

b.19.86%

c.20.16%

d.23.87%

e.None of the above