A company is considering a project which will initially cost $ 146854. It believes this project will
Fantastic news! We've Found the answer you've been seeking!
Question:
A company is considering a project which will initially cost $ 146854. It believes this project will generate a cash flow of $33311 in the first year, and the cash flow will increase at 1.7% annually forever. Calculate the IRR (%) of this project (round to 2 decimal places)
use monash finance calculator
Related Book For
Managerial Accounting The Cornerstone of Business Decision Making
ISBN: 978-1337115773
7th edition
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Posted Date: