Question
(IRR with uneven cash flows) The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills.
(IRR
with uneven cash
flows)
The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is
13
percent. What is the IRR on this project if it is expected to produce the following free cash flows:
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?The IRR on this project is
nothing%.
(Round to two decimal places.)
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Data Table
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in order to copy its contents into a spreadsheet.)
| Initial outlay | $1,111,492 | |
| FCF in year 1 | 260,000 | |
| FCF in year 2 | 380,000 | |
| FCF in year 3 | 380,000 | |
| FCF in year 4 | 260,000 | |
| FCF in year 5 | 260,000 | |
| FCF in year 6 | 100,000 |
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Harmonic Trading Profiting From The Natural Order Of The Financial Markets Volume 1
Authors: Scott M. Carney
1st Edition
0137051506,013138497X
