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Projects A and B have the following cash flows: year A B 0 -5000 -5000 1 2000 5000 2 0 1500 3 3000 1500 4
Projects A and B have the following cash flows:
year | A | B |
0 | -5000 | -5000 |
1 | 2000 | 5000 |
2 | 0 | 1500 |
3 | 3000 | 1500 |
4 | 5000 | 1500 |
What is the IRR of the project B?
Please write an answer in decimals. For example, 12.34% would be 0.1234.
Also, round your answer to the fourth decimal.
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