Question
The net present value of a proposed project is a positive $56,000 at a discount rate of 10% and a negative $28,000 at 20%. What
The net present value of a proposed project is a positive $56,000 at a discount rate of 10% and a negative $28,000 at 20%.
What is the internal rate of return of the project, to the nearest whole percentage?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Heres how to find the internal rate of return IRR of the project 1 Define the scenario We have ...
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Step: 2
Step: 3
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
