Question
Suppose a project costs $222,000 at start up, generates a cash flows of $560,000 in year one, and costs $350,000 in year 2. There are
Suppose a project costs $222,000 at start up, generates a cash flows of $560,000 in year one, and costs $350,000 in year 2. There are no cash flows after year 2.
What is the first (lowest) IRR of the project?
38 and 10 were not correct.
14.2083%
10.0000%
24.3125%
38.0439%
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Macroeconomics
Authors: Charles I. Jones
3rd edition
978-0393923902
