Question
To the nearest whole percentage, what is the IRR of a project with the following cashflows: Time Cashflow 0 (14,000) 1 2,000 2 3,000 3
To the nearest whole percentage, what is the IRR of a project with the following cashflows:
| Time | Cashflow |
| 0 | (14,000) |
| 1 | 2,000 |
| 2 | 3,000 |
| 3 | 4,000 |
| 4 | 6,000 |
| 5 | 4,000 |
a. 8%
b. 14%
c. 10%
d. 12%
e. 6%
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
