Question
Simtuns Golf Inc. is considering a project that has the following cash flow data. What is the project's IRR? If the required return on the
Simtuns Golf Inc. is considering a project that has the following cash flow data. What is the project's IRR? If the required return on the project is 10 percent, would the company accept the project?
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash flows | -$1,050 | $400 | $390 | $280 | $170 |
| 10.00%; accept | ||
| 10.00%; reject | ||
| 8.10%; accept | ||
| 8.10%; reject | ||
| 9.05%; reject |
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
