Question
Given the following set of cash flows, for a capital budgeting project, what is the Internal Rate of Return (IRR) ? Initial Investment (I) =
Given the following set of cash flows, for a capital budgeting project, what is theInternal Rate of Return (IRR)?
Initial Investment (I) = $50,000
CF1= $25,500
CF2= $33,300
A. 8.44%
B. 17.60%
C. 11.00%
D.10.00%
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
