Question
Houston Company 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
Houston Company 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.
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | $1,050 | $400 | $400 | $400 | $400 |
| 14.05% | ||
| 15.61% | ||
| 17.34% | ||
| 19.27% | ||
| 21.20% |
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Advanced Stocks Analysis A Fundamentalist Approach
Authors: Luciano Storelli ,Storelli And Pepe Stocks Investments
1st Edition
979-8395523006
