McKeekin Corp. has a project with the following cash flows: Year Cash Flow 0...... $ 25,000 1......

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McKeekin Corp. has a project with the following cash flows:
Year Cash Flow
0...... $ 25,000
1...... 11,000
2...... 7,000
What is the IRR of the project? What is happening here?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:07 AM

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McKeekin Corp. has a project with the following cash flows: Year Cash Flow 0...... $ 25,000 1......

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The IRR is the interest rate that makes the NPV of the project equal to zero So th...View the full answer

Fundamentals of corporate finance

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