Question
Tribeca Industries is considering a project with the following cash flows: Year 0, $(137,148); Year 1, $27,800; Year 2, $43,500; Year 3, $86,000. What is
Tribeca Industries is considering a project with the following cash flows: Year 0, $(137,148); Year 1, $27,800; Year 2, $43,500; Year 3, $86,000. What is the internal rate of return (IRR) of the project?
- A. 5.00%
- B. 6.00%
- C. 7.00%
- D. 8.00%
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
