Question
Consider a capital budgeting project with the cash flows shown below. If the appropriate cost of capital (i.e., the hurdle rate) is 10 percent, the
Consider a capital budgeting project with the cash flows shown below.
If the appropriate cost of capital (i.e., the hurdle rate) is 10 percent, the project's IRR is [answer1]%. Round to the nearest 1%.
| Year | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash Flow | -$7,520 | $1,010 | $2,500 | $3,500 | $2,800 | $1,550 |
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Corporate Finance Theory And Practice
Authors: Aswath Damodaran
2nd Edition
0471283320, 9780471283324
