Question
Warr Company is considering a project that has the following cash flow data. What is the projects IRR? Note that a projects projected IRR can
Warr Company is considering a project that has the following cash flow data. What is the projects IRR? Note that a projects projected IRR can be less than the WACC or negative, in both cases it will be rejected.
Year ---------------0 ------ 1 -------- 2 ------- 3 ---------4
Cash flows--- -$1540---$400----$400----$400-----$400
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Financial Valuation
Authors: James R. Hitchner
4th Edition
1119286603, 978-1119286608
