Question
An investor has been invited to invest in a project that will require an initial investment of $10,000. At the end of years 1, 2
An investor has been invited to invest in a project that will require an initial investment of $10,000. At the end of years 1, 2 and 3 the investment will return $2,000, $4,000 and $6,000 respectively. She figures her Cost of Capital is 7.5%. What is the IRR?
Question 42 options:
|
| 8.04% |
|
| 8.21% |
|
| 9.79% |
|
| 10.00% |
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
978-1259722653
