Mako Corp. has a project with the following cash flows: What is the IRR of the project?
Question:
Mako Corp. has a project with the following cash flows:
What is the IRR of the project? What is happening here?
Transcribed Image Text:
Year 0 1 2 Cash Flow $25,000 -11,000 7,000
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The formula to calculate IRR is 0 initial outlay 1 CF1 1 IR...View the full answer
Related Book For
Corporate Finance
ISBN: 9781260772388
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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