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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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
