Question
A financing project has an initial cash inflow of $42,000 and cash flows of $15,600, $22,200, and $18,000 for Years 1 to 3, respectively. The
A financing project has an initial cash inflow of $42,000 and cash flows of $15,600, $22,200, and $18,000 for Years 1 to 3, respectively. The required rate of return is 13 percent. What is the internal rate of return? Should the project be accepted?
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The Budget Building Book For Nonprofits
Authors: Murray Dropkin, Jim Halpin, Bill La Touche
2nd Edition
0787996033, 978-0787996031
