Question
You are considering an investment with the following cash flows and your required rate of return is 13%. What is the projects IRR? According to
You are considering an investment with the following cash flows and your required rate of return is 13%. What is the projects IRR? According to IRR rule, should you take this investment?
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash Flow | -$46,619.40 | $16,000 | $16,000 | $16,000 | $16,000 |
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
