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 $459,900. The project will produce the following after-tax cash inflows of
Year 1: 187,400
Year 2: 132,200
Year 3: 120,100
Year 4: 196,400
Round the answer to two decimal places in percentage form.(Write the percentage sign in the "units" box)
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
