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The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $104,000. Expected net returns are given in the following table. Calculate the

The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $104,000. Expected net returns are given in the following table. Calculate the internal rate of return (IRR). Year 1 Year 2 Year 3 $Nil $29,000 $40,000 Year 4 Year 5 Year 6 $50.000 $46,000 $16,000
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The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $104,000. Expected net returns are given in the following table. Calculate the internal rate of return (IRR)

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