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What is the internal rate of return for a project that has a net investment of $169,165 and net cash flows of $25,000 in the
What is the internal rate of return for a project that has a net investment of $169,165 and net cash flows of $25,000 in the first year and 40,000 in years 2-7?
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| a. | 12.5% |
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| b. | 13% |
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| c. | 12% |
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| d. | 13.5% |
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Personal Finance
Authors: E Thomas Garman, Raymond Forgue
11th Edition
1111531013, 9781111531010
