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Pet World 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
Pet World 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 cost of capital (and even negative), in which case it will be rejected (IN EXCEL WITH FORMULA)
Year | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flows | $9,500 | $2,000 | $2,025 | $2,050 | $2,075 | $2,100 |
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