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Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be
Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the WACC or negative, in both cases it will be rejected.
YEAR | 0 | 1 | 2 | 3 | 4 |
CASH FLOWS | -$1050 | $500 | $500 | $622 | $622 |
a. 35.105%
b. 36.990%
c. 37.256%
d. 38.960%
e. 39.654%
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