Question
WiseGuy Inc is planning on investing in a new project. This will involve some investment costing $39,000. The expected cash inflows from this investment are:
WiseGuy Inc is planning on investing in a new project. This will involve some investment costing $39,000. The expected cash inflows from this investment are:
| Year 1 | Year 2 | Year 3 | Year 4 |
| $14,000 | $14,000 | $14,000 | $14,000 |
The discount rate is 14%. The internal rate of return (IRR) for this investment is ________%.
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
