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A firm is trying to forecast cash flows for a three-year project. The cost of the project today is $407,281.00. The firm knows the first
A firm is trying to forecast cash flows for a three-year project. The cost of the project today is $407,281.00. The firm knows the first year cash flow will be $128,759.00, while the second year cash flow will be $209,350.00. How much will the third year cash flow HAVE to be to generate an IRR of 7.00%?
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#20 answered incorrect A firm is trying to forecast cash flows for a three-year project. The cost of the project today is $407,281.00. The firm knows the first year cash flow will be $128,759.00, while the second year cash flow will be $209,350.00. How much will the third year cash flow HAVE to be to generate an IRR of 7.00%? Correct Answer: $127,516.06 Points: 0 Assignment is past due More Details 3 Submit Attempts Remaining: 0 Answer format: Currency: Round to: 2 decimal places. Show HintStep by Step Solution
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