Question
Emma is considering a new cat nip factory with the following cash flows, what is the IRR? Year CF 0 $(2,000,000.00) 1 200,000.00 2 650,000.00
Emma is considering a new cat nip factory with the following cash flows, what is the IRR?
| Year | CF |
| 0 | $(2,000,000.00) |
| 1 | 200,000.00 |
| 2 | 650,000.00 |
| 3 | 500,000.00 |
| 4 | 500,000.00 |
| 5 | 500,000.00 |
| 6 | 350,000.00 |
| a | 9.17 | |
| b | 9.07 | |
| c | 9.27 | |
| d | 9.37 |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
