18 No Marked out of 300 TUR question A company wants to decide which project to undertake Xory. The company wants to evaluate each project with the same initial investment by using the Internal Rate of Return Method. The discount rate to be used is 10 percent, which is the WACC for the company. The following table gives information on these two projects: Initial investment and Cash Flows of Projects X and Y in AED Project X Project Initial investment 175.000 175,000 Year 1 cash flow 30.000 50.000 Year 2 Cash flow 120.000 70,000 Year 3 Cash flow 80,000 130,000 Use the internal Rate of Return (IRR) Method to calculate Value of Project Value of Project Note: You can use a financial calculator www - BISER Answer for Value of Project X Answer for Value of Project MADRE