You are considering an investment with the following cash flows. If the required rate of return for
Fantastic news! We've Found the answer you've been seeking!
Question:
You are considering an investment with the following cash flows. If the required rate of return for this investment is 8%, should you accept it based solely on the internal rate of return rule? Why or why not?
1. $-117,900
2. 96,800
3. -8,500
4. 62,000
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date: