Question
A colleague asks for your help in finding the discount rate where the NPV=0 for a set of cash flows. You quickly recall that this
A colleague asks for your help in finding the discount rate where the NPV=0 for a set of cash flows. You quickly recall that this is the IRR for a project. Answer in %, rounding to 2 decimals.
Year 0 cash flow = -100,000 Year 1 cash flow = 44,000 Year 2 cash flow = 35,000 Year 3 cash flow = 39,000 Year 4 cash flow = 44,000
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Essential Personal Finance A Practical Guide For Students
Authors: Lien Luu, Jonquil Lowe, Jason Butler, Tony Byrne
1st Edition
1138692956, 978-1138692954
