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I just want to make sure I got the problem right. TIA! Compute the IRR statistic for Project E. The appropriate cost of capital is
I just want to make sure I got the problem right. TIA!
Compute the IRR statistic for Project E. The appropriate cost of capital is 9 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Time: 0 1 2 3 4 5
Cash flow: -$1,800 $670 $720 $680 $460 $260
I got IRR=19.38. Is this correct? If not, please show me how to do it.
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