Question
A capital budgeting opportunity has the following cash flows, net of tax. The companys cost of capital is 14%. T 0 T 1 T 2
A capital budgeting opportunity has the following cash flows, net of tax. The companys cost of capital is 14%.
| T0 | T1 | T2 | T3 | T4 |
| -$200,000 | $50,000 | $50,000 | $90,000 | $90,000 |
What is the projects IRR?
Group of answer choices
13.21%
11.52%
12.89%
14.23%
16.04%
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
