Question
You are considering two competing (mutually exclusive) projects. The cash flows for years 0, 1, 2, and 3 are: Project A: -100, 30, 50, 90
You are considering two competing (mutually exclusive) projects. The cash flows for years 0, 1, 2, and 3 are:
Project A: -100, 30, 50, 90
Project B: -100, 80, 50, 20
What is the IRR of the worst project? The corporate WACC is 10%
Enter your answer as a percentage, rounded to 2 decimals.
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
