Question
You are considering investing 120,000 in a project which will give a return of 60,000 at the end of year 1, and 110,000 at the
You are considering investing 120,000 in a project which will give a return of 60,000 at the end of year 1, and 110,000 at the end of year 2. Find the IRR and determine if the project is viable when the market rate is 5%.
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Financial Accounting Reporting And Analysis
Authors: Michael Diamond, James Stice, Earl K. Stice, James D. Stice
5th Edition
0538873019, 978-0538873017
