Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Project X costs $630.1, its expected cash inflow is $700 after one year. What is the projects IRR? (Write your answer in decimals, for example:

Project X costs $630.1, its expected cash inflow is $700 after one year. What is the projects IRR? (Write your answer in decimals, for example: instead of 12.3% write 0.123 ; Round your answer to the nearest thousands, have three decimal digits)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Complacency And Collusion A Critical Introduction To Business And Financial Journalism

Authors: Keith J. Butterick

1st Edition

074533203X,1849648379

More Books

Students also viewed these Finance questions