Question
The Everett Co. is looking a project with an outlay of $828 which will have a positive cash flow at t = 3 of $1,087
The Everett Co. is looking a project with an outlay of $828 which will have a positive cash flow at t = 3 of $1,087 with no other cash flows at t = 1 and t = 2. What is the project internal rate of return as a percent to two places?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
