Question
A new project will have an intial cost of $50,000. Cash flows from the project are expected to be $-25,000,$20,000,$30,000,$40,000 and $40,000 over the next
A new project will have an intial cost of $50,000. Cash flows from the project are expected to be \$-25,000,\$20,000,\$30,000,\$40,000 and $40,000 over the next 5 years, respectively. Assuming a discount rate of 15%, what is the project's IRR? 17.06% 15.46% 16.00 % 16.53 % 17.77 %
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald Hilton, David Platt
10th edition
78025664, 978-0078025662
