Question
Find the internal rate of return (IRR) for the following project. The project requires an initial investment of $12,000 and provides 5 annual cash inflows
Find the internal rate of return (IRR) for the following project. The project requires an initial investment of $12,000 and provides 5 annual cash inflows of $28,000. Assume a cost of capital of 7.7%.
The IRR of the project is ____ %?
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The Essentials Of Machine Learning In Finance And Accounting
Authors: Mohammad Zoynul Abedin, M. Kabir Hassan, Petr Hajek, Mohammed Mohi Uddin
1st Edition
0367480816, 978-0367480813
