Question
A project has an initial cost of $51,700 and is expected to produce cash inflows of $18,700, $26,800, and $44,100 over the next 3 years,
A project has an initial cost of $51,700 and is expected to produce cash inflows of $18,700, $26,800, and $44,100 over the next 3 years, respectively. What is the projects internal rate of return? 22.63 percent 20.57 percent 28.34 percent 29.96 percent
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
