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
Step by Step Solution
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IRR refers to Internal rate of return at which Net present value ...
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Business Communication In Person, In Print, Online
Authors: Amy Newman, Scot Ober
8th edition
1111533164, 978-1111533168
