Question
The Everett Co. is looking a project with an outlay of $826 which will have a positive cash flow at t = 3 of $1,006
The Everett Co. is looking a project with an outlay of $826 which will have a positive cash flow at t = 3 of $1,006 with no other cash flows at t = 1 and t = 2. What is the project internal rate of return? Answer in two places and no % sign.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
