Question
(Related to Checkpoint 11.4)(IRR calculation)What is the internal rate of return for the following project: An initial outlay of $11,500 resulting in a single cash
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(Related to Checkpoint 11.4)(IRR calculation)What is the internal rate of return for the following project: An initial outlay of
$11,500
resulting in a single cash inflow of
$27,116
in
9
years.The internal rate of return for the project is
nothing%.
(Round to the nearest whole percent.)
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
