Question
Kiley Electronics 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
Kiley Electronics 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 WACC (and even negative), in which case it will be rejected.
| Year | 0 | 1 | 2 | 3 |
| Cash Flows | -$1,100 | $450 | $270 | $490 |
| 4.84% | ||
| 5.78% | ||
| 3.98% | ||
| 4.48% | ||
| 4.64% |
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
