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A project requires an immediate investment of 48 million and will generate two cash inflows. The first inflow will occur at the end of
A project requires an immediate investment of 48 million and will generate two cash inflows. The first inflow will occur at the end of year 1 and will be in the amount of 34 million. The second inflow will occur at the end of year 2 and will be in the amount of 28 million. Find the internal rate of return for this project, assuming that it is positive. 20.39% 21.17% 21.96% 19.60% 18.82%
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