Question
NPV and IRR: Unequal Annual Net Cash Inflows Assume that Goodrich Petroleum Corporation is evaluating a capital expenditure proposal that has the following predicted cash
NPV and IRR: Unequal Annual Net Cash Inflows Assume that Goodrich Petroleum Corporation is evaluating a capital expenditure proposal that has the following predicted cash flows:
| Initial Investment | $(58,220) |
| Operation | |
| Year 1 | 23,000 |
| Year 2 | 31,000 |
| Year 3 | 22,000 |
| Salvage | 0 |
1. Using a discount rate of 10 percent, determine the net present value of the investment proposal.
2. Determine the proposal's internal rate of return. Hint: You will need to use a trial-and-error approach. Round to the nearest percent.
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Internal Control And Internal Audit In Non Profit Organizations A Practical Model
Authors: Kamal Bayramov
1st Edition
6203464015, 978-6203464016
