Question
You are considering the investment of $127,000 (today) in a lemonade stand. Also, you expect the stand to generate the following future cash flows: At
You are considering the investment of $127,000 (today) in a lemonade stand.
Also, you expect the stand to generate the following future cash flows:
At the end of year 1: $0
At the end of year 2: $0
At the end of year 3: $0
At the end of year 4: $268,000
What is the IRR (Internal Rate of Return) of this project?
(Answer to the nearest 0.01%)
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Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
