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Find the rate of retum (IRR-Ch16.3) on a project that will cost $400,000 today but will retum a net income of $100,000 at the

Find the rate of retum (IRR-Ch16.3) on a project that will cost $400,000 today but will retum a net income of $100,000 at the end of every year for 7 years. (3 marks) Find the rate of retum (IRR-Ch16.3) on a project that will cost $100,000 today and $300,000 in 3 years from today, BUT will retum $90,000 at the end of every year for 8 years (4)

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