Question
Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer
Compute the IRR static for Project E. The appropriate cost of capital is 7 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Project E | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow | $1,400 | $510 | $600 | $600 | $380 | $180 |
What is the IRR%?
Should the project be accepted or rejected?
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Fearless Finances A Timeless Guide To Building Wealth
Authors: Cassandra Cummings
1st Edition
1400230381, 978-1400230389
