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You are considering an investment with the following cash flows and your required rate of return (cost of capital) is 13%. What is the project's
You are considering an investment with the following cash flows and your required rate of return (cost of capital) is 13%. What is the project's IRR? According to IRR rule, should you take this investment?
Year
0
1
2
3
4
Cash Flow
-$48,597.59
$16,000
$16,000
$16,000
$16,000
a.12%, no
b.15%, yes
c.11%, no
d.14%, yes
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