Question
Find the IRR for the following project if the firm's cost of capital is 9%. Make sure to keep 2 decimals and enter in your
Find the IRR for the following project if the firm's cost of capital is 9%. Make sure to keep 2 decimals and enter in your answer as just the number (ex. 13.45% should be entered as 13.45).
| Year | Cash Flow |
| 0 | -10,000 |
| 1 | 5,000 |
| 2 | 3,000 |
| 3 | 4,000 |
| 4 | 1,000 |
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M: Finance
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260772357, 9781260772357
