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A) A project has the following cash flows. What is the project's IRR? Round your answer to two decimal places. Cash Flow -$20,000 $6,000 $6,000
A)
A project has the following cash flows. What is the project's IRR? Round your answer to two decimal places.
Cash Flow | -$20,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
Time | 0 | 1 | 2 | 3 | 4 | 5 |
B)
A project has the following cash flows. What is the project's Payback Period? Round your answer to two decimal places.
Cash Flow | -$50,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 |
Time | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
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