Question
The following table contains the estimated cash flows of a project. Assume the appropriate discount rate (hurdle rate) is 14%. Answer the following questions: Year
The following table contains the estimated cash flows of a project. Assume the appropriate discount rate (hurdle rate) is 14%. Answer the following questions:
| Year | Operating Cash Flow |
| 0 | -$20,000 |
| 1 | $7,000 |
| 2 | $8,000 |
| 3 | $9,000 |
| 4 | $4,000 |
c. What is the IRR of project 1?
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Housing Policy And Finance
Authors: John Black, David Stafford
1st Edition
0415004195, 978-0415004190
