Question
A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and cash flows of $200 in
A project has an initial outlay of $1,000. The project will generate cash flows of $400 in Years 1-3 and cash flows of $200 in Years 4-6. What is the IRR of this project?
Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box. If your answer is negative, do enter the negative sign. For example, if your answer is 12.345%, then enter "12.35".
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
