Dalby is currently considering an investment that gives a positive net present value of 3,664 at 15

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Dalby is currently considering an investment that gives a positive net present value of £3,664 at 15 per cent. At a discount rate of 20 per cent it has a negative net present value of £21,451.

What is the internal rate of return of this investment?

(a) 15.7%

(b) 16.0%

(c) 19.3%

(d) 19.9%

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Management Accounting For Business

ISBN: 9781138550650

8th Edition

Authors: Colin Drury, Mike Tayles

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