Question
Lisbon Corp. is considering a project that has the following cash flow data. What is the project's IRR ? Note that a project's projected IRR
Lisbon Corp. is considering a project that has the following cash flow data. What is the project's IRR?
Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected.
| Year: | 0 | 1 | 2 | 3 |
| Cash Flow: | -$1,125 | $425 | $425 | $425 |
Take all numerical answers out 2 decimal places (i.e. 2.31) unless specifically stated in the question to go out 3 or more decimal places (i.e. 2.315).
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
