Question
Stanley Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be
Stanley Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the cost of capital or negative, in both cases it will be rejected.
| Year | 0 | 1 | 2 | 3 |
| Cash flows | $1,000 | $350 | $425 | $520 |
| 12.55% | ||
| 13.16% | ||
| 13.57% | ||
| 13.86% |
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Ultimate Beginner S Guide To Real Estate Investment
Authors: Romanj V. Ivanov
1st Edition
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