Question
Calculating IRR. A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, should the firm accept
Calculating IRR. A firm evaluates all of its projects by applying the IRR rule. If the required return is 11 percent, should the firm accept the following project? Please answer using Excel and financial calculator solution.
| Year | Cash Flow |
| 0 | $168,500 |
| 1 | 86,000 |
| 2 | 91,000 |
| 3 | 53,000 |
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Finance Capital Markets Financial Management And Investment Management
Authors: Frank J. Fabozzi, Pamela Peterson Drake
1st Edition
0470407352, 978-0470407356
