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A project has the following cash flows: Year 0: -$130,000 Year 1: $60,000 Year 2: $0 Year 3: $100,000 Year 4: $0 Year 5: $60,000
A project has the following cash flows:
Year 0: -$130,000
Year 1: $60,000
Year 2: $0
Year 3: $100,000
Year 4: $0
Year 5: $60,000
The discount rate is 18%. Calculate the internal rate of return (IRR).
17-18% | ||
18-19% | ||
20-21% | ||
21-22% | ||
None of the above. |
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