Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the IRR (Internal Rate of Return) of a project that has an initial cost of $130m, and expected to have $35m a year
What is the IRR (Internal Rate of Return) of a project that has an initial cost of $130m, and expected to have $35m a year in net revenues for the next four years?
A) 2.845%
B) 3.032%
C) multiple IRR
D) 6%
E) 10%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started