Question
Suppose an investment will cost $90,000 initially and will generate the following cash flows: Year 1: $132,000 Year 2: $100,000 Year 3: -$150,000 The required
Suppose an investment will cost $90,000 initially and will generate the following cash flows: Year 1: $132,000 Year 2: $100,000 Year 3: -$150,000 The required return is 15% Should we accept or reject the project using the IRR decision rule?
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Finance For Real Estate Development
Authors: Charles Long
1st Edition
0874204305, 978-0874204308
