Question
I WILL THUMBS UP PLEASE ANSWER Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which
I WILL THUMBS UP PLEASE ANSWER
Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by $1000 each year. The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described?
Suppose a project has up-front costs of $10,300. In its first year it earns a revenue of $7000 which falls by $1000 each year. The project is 4 years long so the revenue in the final year is $4000. The MARR is 11%. What is the IRR of the project described?
40-41%
41-42%
42-43%
43-44%
44-45%
None of the above
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