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What is the internal rate of return (IRR) of a project costing $3,000 (at year 0); having after-tax cash flows of $1,500 in each of
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What is the internal rate of return (IRR) of a project costing $3,000 (at year 0); having after-tax cash flows of $1,500 in each of the two years of its two-year life; and a salvage value of $600 at the end of the second year in addition to the $1,500 cash flow?
13.21%
17.23%
16.06%
12.32%
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