Question
Cash flows for Projects X and Y below: End-of-Year Cash Flows 0 1 2 3 X 600 500 200 100 Y 600 100 200 600
Cash flows for Projects X and Y below: End-of-Year Cash Flows
0 1 2 3
X 600 500 200 100
Y 600 100 200 600
Assume that the firms WACC = r = 10%. What is the IRR for project X?
Make sure to show and explain your work
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
