Question
A company is evaluating an investment project with the following forecast cash flows: Year 0 1 2 3 4 Cash flow($m) (6.5) 2.4 3.1 2.1
A company is evaluating an investment project with the following forecast cash flows:
Year 0 1 2 3 4
Cash flow($m) (6.5) 2.4 3.1 2.1 1.8
Using discount rates of 15% and 20%, what is the internal rate of return of the investment project?
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Auditing And Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
9th Edition
1266796851, 9781266796852
