Question
A project has the following incremental cash flows: for years zero, though year 4, respectively. -$2,000, $800, $700 $700, $100,000. The hurdle rate is 17%.
A project has the following incremental cash flows: for years zero, though year 4, respectively. -$2,000, $800, $700 $700, $100,000. The hurdle rate is 17%. Where is the IRR relative to this rate? A.) >70% B.) <10% C.) >100% D.) 3%
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
