Question
1. A project has a total up-front cost of $435.44. The cash flows are $100 in the first year, $200 in the second year, and
1. A project has a total up-front cost of $435.44. The cash flows are $100 in the first year, $200 in the second year, and $300 in the third year. Whats the IRR? If we require an 18 percent return, should we take this investment?
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Quantitative Finance Its Development Mathematical Foundations And Current Scope
Authors: T. Wake Epps
1st Edition
0470431997, 9780470431993
