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Graphic Publishing is considering a new graphic and design facility that will involve a large initial outlay and expected the following net cash flows. Year
Graphic Publishing is considering a new graphic and design facility that will involve a large initial outlay and expected the following net cash flows.
| Year | Project Cash Inflows |
| 1 | $500,000 |
| 2 | $500,000 |
| 3 | $500,000 |
| 4 | $500,000 |
| 5 | $500,000 |
The project has a conventional payback period of 2.39 years, Calculate the project's internal rate of return?
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