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Management of Cullumber, Inc., is considering investing in three independent projects. The costs and the cash flows are given in the following table. The appropriate
Management of Cullumber, Inc., is considering investing in three independent projects. The costs and the cash flows are given in the following table. The appropriate cost of capital is 13.46 percent.
Management of Cullumber, Inc., is considering investing in three independent projects. The costs and the cash flows are given in the following table. The appropriate cost of capital is 13.46 percent. Year Project 1 Project 2 Project 3 0 -$250,000 -$323,400 -$500,000 1 63,000 152,525 197,100 2 81.100 168,350 197,100 3 78,000 105,900 197,100 4 101,200 197,100 Compute the project IRRS. (Round final answers to 2 decimal places, e.g. 15.25%.) The IRR of project 1 is %, project 2 is %, and project 3 is
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