A project has the following incremental cash flows for years zero, through year 3 respectively: -$3,000, $1,900, $900, and $800. Is 9% the IRR of
A project has the following incremental cash flows for years zero, through year 3 respectively: -$3,000, $1,900, $900, and $800. Is 9% the IRR of this project? If not, is where is the IRR compared to 9%?
A.
More information is needed to determine the IRR.
B.
Yes, 9% is the IRR.
C.
No, the IRR is above 9%.
D.
No, the IRR is below 9%.
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Authors: Charles Chatterjee
1st Edition
1857433890, 978-1857433890
