Question
Red Ribbons Corp has an initial outlay of $10000 resulting in a free cash flow of $8000 at the end of Year 1, $5000 at
Red Ribbons Corp has an initial outlay of $10000 resulting in a free cash flow of $8000 at the end of Year 1, $5000 at the end of Year 2, and $2000 at the end of Year 3. What is the internal rate of return of Red Ribbons Corp?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
