Question
A Project with a net investment of $10,000 and net cash flows of $5,000, $4,000, $3,000, $2,000, $1,000 for years 1 through 5 has an
A Project with a net investment of $10,000 and net cash flows of $5,000, $4,000, $3,000, $2,000, $1,000 for years 1 through 5 has an internal rate of return of __________ percent.
a. 20.27
b. 23.5
c. 18.45
d. 19.5
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
