Question
The Dry Dock is considering a project with an initial cost of $118,400. The projects cash inflows for years 1 through 3 are $37,200, $54,600,
The Dry Dock is considering a project with an initial cost of $118,400. The projects cash inflows for years 1 through 3 are $37,200, $54,600, and $46,900, respectively. What is the IRR of this project?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
