Question
What is the IRR of a project which requires an initial cash outlay of $12,555 and is expected to generate cash flows of $3,600 a
What is the IRR of a project which requires an initial cash outlay of $12,555 and is expected to generate cash flows of $3,600 a year for three years and then $4,200 a year for two more years?
| A. 14.00% | ||
| B. 15.50% | ||
| C. 16.20% | ||
| D. 17.80% |
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
