Question
A five-year project requires an investment of -172 and has the following cash flows in years 1 through 5, respectively (all cash flows in dollars):
A five-year project requires an investment of -172 and has the following cash flows in years 1 through 5, respectively (all cash flows in dollars): 135, -95, 238, -75, and 118. Without actually calculating any IRR, what is the maximum possible value any of the real IRRs could have? Give your answer as a percent with two decimals; e.g., 23.24
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
11th Edition
012819782X, 978-0128197820
