Question
A firm is planning an investment in a project. The initial investment is 220,000. The project returns $100,000 cash at the end of one year.
A firm is planning an investment in a project. The initial investment is 220,000. The project returns $100,000 cash at the end of one year. At the end of second year the project returns cash of amount $F. These are only cash flows from the project. If the IRR for the project is 10%, what is the amount $F?
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
