Question
(Without using excel)-----A project has the following cash flows shown in the table below. What is the IRR? If the companys hurdle rate is 12%
(Without using excel)-----A project has the following cash flows shown in the table below. What is the IRR? If the companys hurdle rate is 12% should it proceed with the project? What is happening here?
| Year | Cash Flow |
| 0 | $53,000 |
| 1 | -29,000 |
| 2 | -37,000 |
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
