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XYZ Ltd is about to undertake a project and has computed the NPV of the project using a variety of discount rates: Discount rate used
XYZ Ltd is about to undertake a project and has computed the NPV of the project using a variety of discount rates:
| Discount rate used | NPV |
| 10% | +$130 |
| 15% | +$50 |
| 20% | -$50 |
What is the approximate IRR of this project?
| a. | 15% | |
| b. | 17.5% | |
| c. | 22.5% | |
| d. | 20% |
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Quantitative Financial Risk Management
Authors: Michael B. Miller
1st Edition
111952220X,1119522269
