Question
A company has assigned a discount rate of 14 percent to a new project that has an initial cost of $320,000 and cash flows of
A company has assigned a discount rate of 14 percent to a new project that has an initial cost of $320,000 and cash flows of $95,000, $141,000, and $196,000 for Years 1 to 3, respectively. What is the IRR of this project?
| 14.68% | ||
| 14.32% | ||
| 13.97% | ||
| 13.65% | ||
| 13.37% |
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ISE Real Estate Finance And Investments
Authors: Jeffrey Fisher William B. Brueggeman
17th International Edition
1264892888, 9781264892884
