Question
A potential projects predicted cash flows give a NPV of $50,000 at a discount rate of 10% and $10,000 at a rate of 15%.
A potential project’s predicted cash flows give a NPV of $50,000 at a discount rate of 10% and – $10,000 at a rate of 15%.
Calculate the IRR.
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
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