Question
Project X has cash flows of -$50,000, $29,400, $27,200, and $24,500 for years 0 to 3, respectively. Project Y has an initial cost of $50,000
Project X has cash flows of -$50,000, $29,400, $27,200, and $24,500 for years 0 to 3, respectively. Project Y has an initial cost of $50,000 and an annual cash inflow of $15,000, $25,000, and $45,000 for years 0 to 3, respectively. These are mutually exclusive projects, What is the incremental IRR?
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
