Question
You are choosing between two projects. The cash flows for the projects are given below($ million) Project A (Year 0= - $48) (Year 1 =
You are choosing between two projects. The cash flows for the projects are given below($ million)
Project A (Year 0= - $48) (Year 1 = $24) (Year 2 = $22) (Year 3 = $22) (Year 4 = $17)
Project B (Year 0= - $99) (Year 1 = $20) (Year 2 =$41) (Year 3= $52) (Year 4 = $59)
What is the IRR of the Project A? and what is IRR for the Project B if rounded to one decimal place?
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Accounting Information Systems
Authors: Marshall RomneyPaul Steinbart
11th Edition
136015182, 978-0136015185
