Question
Calculate the internal rate of return for the two following projects: Year Project A Project B 0 $-4970 $-3140 1 1710 1190 2 2980 1420
Calculate the internal rate of return for the two following projects:
| Year | Project A | Project B |
|---|---|---|
| 0 | $-4970 | $-3140 |
| 1 | 1710 | 1190 |
| 2 | 2980 | 1420 |
| 3 | 2130 | 1770 |
What is the IRR of project A? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)
What is the IRR of project B? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Capitalization A Book On Corporation Finance
Authors: Hastings Lyon
1st Edition
124007736X, 9781240077366
