Calculate the IRR of a project that requires an initial cash outflow of $9,000.00 and will be

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Calculate the IRR of a project that requires an initial cash outflow of $9,000.00 and will be sold at the end of year 5 for $4,500.00. The project produces the following cash flows:

Year 1: +$300 Year 2: +$600 Year 3: +$1,200 Year 4: +$2,400 Year 5: +$4,800

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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