Question
You are considering investing in a start-up project at a cost of $2 million. You expect the project to return $12 million to you in
You are considering investing in a start-up project at a cost of $2 million. You expect the project to return $12 million to you in 8 years. Calculate the IRR for this project. Round your answer to two decimal places in percentage form.
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Corporate Finance Principles And Practice
Authors: Denzil Watson, Tony Head
1st Edition
0273630083, 978-0273630081
