A project has a total up-front cost of $435.44. The cash flows are $100 in the first

Question:

A project has a total up-front cost of $435.44. The cash flows are $100 in the first year, $200 in the second year and $300 in the third year. What is the IRR? If we require an 18 per cent return, should we take this investment?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

Question Posted: