Question
Consider a project with the following cash flows in $: Year Cash Flow 0 1 2 3 4 -10,000 4000 4000 4000 4000 Assume
Consider a project with the following cash flows in $: Year Cash Flow 0 1 2 3 4 -10,000 4000 4000 4000 4000 Assume the appropriate discount rate for this project is 15%. The IRR for this project is closest to:
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Step: 2
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
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