discounted at 10% and 20%

Question 1: A project has projected cash flows over four periods as detailed in the following table: Time Discourd at - Cashflow ($) (600,000) Discounted at - O 1 240,000 210,000 180,000 250,000 Net present value Calculate the Internal Rate of Return (IRR) of this project by trial and error using the following interpolation formula: NPV, IRR =1, NPV- NPV lower discount rate chosen - higher discount rate chosen NPV atr, NPV ats Answer: Page 1 of 4