Question
Consider a project that requires an initial investment of $5,000 and pays every year $250 forever (first payment in one year). Whats the projects IRR
Consider a project that requires an initial investment of $5,000 and pays every year $250 forever (first payment in one year). Whats the projects IRR (internal rate of return)?
Group of answer choices
A. 5%
B. -10%
C. 25%
D. 11%
E. 10%
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
