Question
An investment project has annual cash inflows of $6,200, $5,400, $3,700, and $2,100 for the next four years, respectively, at a discount rate of 16
An investment project has annual cash inflows of $6,200, $5,400, $3,700, and $2,100 for the next four years, respectively, at a discount rate of 16 percent. It has an initial cost of $12,000.
What is the IRR for these cash flows?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
