Question
A project requires an initial investment of $1,700. The project will pay nothing for the first 2 years, and will pay off $2,388 at the
A project requires an initial investment of $1,700. The project will pay nothing for the first 2 years, and will pay off $2,388 at the end of year 3.
What is the IRR of the project?
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Municipal Finances A Handbook For Local Governments
Authors: Catherine D. Farvacque-Vitkovic, Mihaly Kopanyi
1st Edition
082139830X, 978-0821398302
