Question
Wiley's Wire Products is considering a project that has the following cash flow. What is the project's true IRR if the firm would be able
Wiley's Wire Products is considering a project that has the following cash flow. What is the project's true IRR if the firm would be able to reinvest the cash inflow and earn a return equal to 11%?
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$800 | $350 | $350 | $350 |
Select one:
a. 13.50%b. 11.58%c. 14.11%d. 10.66%e. 12.49%
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
