Question
Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be
Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected. (EXCEL/FORMULA)
| Year | 0 | 1 | 2 | 3 |
| Cash flows | ?$1,000 | $425 | $425 | $425 |
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Project Finance
Authors: B Rajesh Kumar
1st Edition
3030967247, 978-3030967246
