Question
You are considering investing in a start up project at a cost of $10,000 now. You expect the project to return $50,000 to you in
You are considering investing in a start up project at a cost of $10,000 now. You expect the project to return $50,000 to you in four years. Given the risk of this project, your cost of capital is 20%. The IRR for this project is closest to: Select one:
a. 19.7%
b. 100%
c. 38%
d. -15%
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
