Question
The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series
The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows:
| Year | Project Cash Flow |
|---|---|
| 0 | ? |
| 1 | $780,000 |
| 2 | 380,000 |
| 3 | 310,000 |
| 4 | 480,000 |
If you know that the project has a regular payback of 2.7 years, what is the project's IRR?
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IT Auditing Using Controls To Protect Information Assets
Authors: Chris Davis, Mike Schiller, Kevin Wheeler
3rd Edition
1260453227, 978-1260453225
