Question
A project has an initial outlay of $2,034. It has a single cash flow at the end of year 6 of $4,743. What is the
A project has an initial outlay of $2,034. It has a single cash flow at the end of year 6 of $4,743. What is the internal rate of return (IRR) for the project?
Round the answer to two decimal places in percentage form.
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
