Dalby is currently considering an investment that gives a positive net present value of 3,664 at 15
Question:
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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Related Book For
Management Accounting For Business
ISBN: 9781138550650
8th Edition
Authors: Colin Drury, Mike Tayles
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