Koepka Corp. has a project with the following cash flows: Year ...............Cash Flow 0 .......................$35,000 1 ......................
Question:
Koepka Corp. has a project with the following cash flows:
Year ...............Cash Flow
0 .......................$35,000
1 ......................− 27,000
2 .........................29,000
What is the IRR of the project? What is happening here?
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Step by Step Answer:
The IRR is the interest rate that makes the NPV of the project equal to zero So the I...View the full answer
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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