Question
Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for
Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company's project. The initial outlay for the project is $443,300. The project will produce the following after-tax cash inflows of
Year 1: 187,900
Year 2: 59,200
Year 3: 168,400
Year 4: 164,900
Round the answer to two decimal places in percentage form.
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
