Question
Given the following end of year cash flows, what is the IRR of this project? Also assume that following year four the cash flows will
Given the following end of year cash flows, what is the IRR of this project? Also assume that following year four the cash flows will grow by 3% in perpetuity. Enter your answer as a percent without the %; round your final answer to two decimals.
| Timeline | 0 | 1 | 2 | 3 | 4 |
| Cash Flow | -4000 | 200 | 350 | 400 | 500 |
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International financial management
Authors: Jeff Madura
9th Edition
978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471
