Question
a firm evaluates all of its projects by applying the IRR rule. The current proposed project has cash flows of -$37.048, $16.850, $15.700, and $19.300
a firm evaluates all of its projects by applying the IRR rule. The current proposed project has cash flows of -$37.048, $16.850, $15.700, and $19.300 for years 0 to 3, respectively. The required return is 18 percent. What is the project IRR? Should the project be accepted or rejected?
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Analysis For Financial Management
Authors: Robert Higgins
6th Edition
0071181172, 9780071181174
