Question
Frye Foods is considering a project that has the following cash flow data. What is the project's IRR? Enter your answer rounded to two decimal
| Frye Foods is considering a project that has the following cash flow data. What is the project's IRR? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box. | ||||||||||
| Year: | 0 | 1 | 2 | 3 | 4 | 5 | ||||
| Cash flows: | -$1,150 | $325 | $325 | $325 | $325 | $325 | ||||
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
