Question
A project has the following cash flows. What is the internal rate of return? Year 0 1 2 3 Cash Flow -$195,600 $99,800 $87,600 $75,300
A project has the following cash flows. What is the internal rate of return?
Year 0 1 2 3
Cash Flow -$195,600 $99,800 $87,600 $75,300
-
A. 11.64 percent
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B. 13.96 percent
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C. 15.51 percent
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D. 17.23 percent
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E. 19.08 percent
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Financial Economics
Authors: Zvi Bodie, Robert C Merton, David Cleeton
2nd Edition
0558785751, 9780558785758
