Question
A four-year project requires $1 000 000 as the first cost and brings $2 000 000 at the end of the fourth year. If expected
A four-year project requires $1 000 000 as the first cost and brings $2 000 000 at the end of the fourth year. If expected annual inflation over this period is 5%, what is the real IRR of this project?
Answer should be 13.3%, I am just not sure how...
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Business Its Legal Ethical and Global Environment
Authors: Marianne M. Jennings
11th edition
1337103578, 978-1337514392, 133751439X, 978-0357690130, 978-1337103572
