Question
Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for
Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the companys project. The initial outlay for the project is $415,000. The project will produce the following after-tax cash inflows of
Year 1: 122,100
Year 2: 16,400
Year 3: 176,300
Year 4: 129,200
Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
