Question
Present your answer to 2 decimal places, XX.XX%, i.e., 12.34% or 0.12% or 12.3%. Clearly identify your answer. Show / explain your work - how
Present your answer to 2 decimal places, XX.XX%, i.e., 12.34% or 0.12% or 12.3%. Clearly identify your answer. Show / explain your work - how you computed your answer
Lac Company is considering a project that has the following cash flow data. What is the project's IRR?
| Year: | 0 | 1 | 2 | 3 | 4 |
| Cash flows: | -$1,200 | $450 | $450 | $450 | $450 |
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
