Question
A project will generate annual cash flows of $237,600 for each of the next three years, and a cash flow of $274,800 during the fourth
A project will generate annual cash flows of $237,600 for each of the next three years, and a cash flow of $274,800 during the fourth year. The initial cost of the project is $749,600. What is the internal rate of return of this project?
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
