Question
. Su is considering a project with the following expected cash flows. They have a required minimum IRR of 15% for all projects. What is
. Su is considering a project with the following expected cash flows. They have a required minimum IRR of 15% for all projects. What is your estimate of the IRR for this project? Round your answer to the nearest tenth of one percent.
Year | Cash flow |
0 | -150,000 |
1 | 20,000 |
2 | 23,000 |
3 | 0 |
4 | 140,000 |
5 | 110,000 |
6 | -32,000 |
A. 16.2%
B. -1.7%
C. 15.0%
D. 18.2%
E. None of the above
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
