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 $322,600. The project will produce the following after-tax cash inflows of
Year 1: 145,300
Year 2: 2,500
Year 3: 162,200
Year 4: 170,600
Round the answer to two decimal places in percentage form.
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
