Question
You are considering investing in a start up project at a cost of $100,000. You expect the project to return $500,000 to you in seven
You are considering investing in a start up project at a cost of $100,000. You expect the project to return $500,000 to you in seven years. Given the risk of this project, your cost of capital is 20%. The IRR for this project is closest to:
a) 18.95% b) 25.85% c) 20.00% d) 15.60%
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The World Is Your Oyster The Guide To Finding Great Investments Around The Globe
Authors: Jeff D. Opdyke
1st Edition
0307381048, 978-0307381040
