Question
ABC Company is considering a project that has the following cash flow data. What is the project's IRR? Enter your answer rounded to two decimal
| ABC Company is considering a project that has the following cash flow data. What is the project's IRR? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
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| Year: | 0 | 1 | 2 | 3 | 4 | 5 |
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| Cash flows: | -$1,100 | $375 | $375 | $375 | $375 | $375 | ||||
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Financial Management For Technology Start Ups
Authors: Alnoor Bhimani
2nd Edition
1398603082, 978-1398603080
