Question
The Dry Dock is considering a project with an initial cost of $218,400. The project's cash inflows for years 1 through 3 are $67,200, $74,600,
The Dry Dock is considering a project with an initial cost of $218,400. The project's cash inflows for years 1 through 3 are $67,200, $74,600, and $96,900, respectively. What is the IRR of this project?
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Money, Banking And Financial Markets
Authors: Stephen G. Cecchetti, Kermit L. Schoenholtz
3rd Global Edition
1259071197, 9781259071195
