Question
A project has the following cash flows: Year 0: -$180,000 Year 1: $60,000 Year 2: $90,000 Year 3: $100,000 Calculate the project's Internal Rate of
A project has the following cash flows:
•Year 0: -$180,000
•Year 1: $60,000
•Year 2: $90,000
•Year 3: $100,000 Calculate the project's Internal Rate of Return (IRR). Discuss the advantages and disadvantages of using IRR as a decision criterion in project evaluation.
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
7th Edition
0137858515, 9780137858514
