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Assume that Project 1, 2, and 3 you calculated the following cash flows for NYX Company: 0 1 2 3 4 5 6 7 OCF
Assume that Project 1, 2, and 3 you calculated the following cash flows for NYX Company:
0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
OCF | $ 16,050.00 | $ 19,872.71 | $ 18,526.53 | $ 18,295.82 | $ 19,719.40 | $ 19,976.11 | $ 20,276.83 | |
Change in NWC | $ (900.00) | $ (27.00) | $ (27.81) | $ (28.64) | $ (29.50) | $ (30.39) | $ (31.30) | $ 1,074.65 |
Cap Ex | $(100,000.00) | $ 7,500.00 |
What is the IRR of the project?
Group of answer choices
12.61%
8.50%
-3.12%
13.53%
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