Question
Assume the firm invests $155,000 today to get $35,000 at Year 1 (i.e. one year from now), $40,000 at Year 2, $45,000 at Year 3,
Assume the firm invests $155,000 today to get $35,000 at Year 1 (i.e. one year from now), $40,000 at Year 2, $45,000 at Year 3, $46,000 at Year 4, $43,000 at Year 5, and $30,000 at Year 6. What is this projects Internal Rate of Return (IRR)?
Group of answer choices
15.39%
13.25%
12.23%
14.02%
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Financial Intelligence For IT Professionals
Authors: Julie Bonner
1st Edition
103215294X, 9781032152943
