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A firm evaluates all of its projects by applying the IRR rule. Year Cash Flow 0 $ 156,000 1 60,000 2 79,000 3 63,000 What
| A firm evaluates all of its projects by applying the IRR rule. |
| Year | Cash Flow | |
| 0 | $ | 156,000 |
| 1 | 60,000 | |
| 2 | 79,000 | |
| 3 | 63,000 | |
| What is the project's IRR? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
