Question
Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. Note: Do not round intermediate calculations and round your final
Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent.
Note: 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: | $1,300 | $470 | $570 | $580 | $360 | $160 |
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
