Question
You have estimated the cash inflows for a new product launch for one year from now (Year 1) through 4 years from now (Year 4).
You have estimated the cash inflows for a new product launch for one year from now (Year 1) through 4 years from now (Year 4). Your estimates are shown below. The launch requires a cash outflow of $372,000 today. What is the IRR of the project?
| Year | Cash Inflow |
| 1 | $77,000 |
| 2 | $257,000 |
| 3 | $196,000 |
| 4 | $59,000 |
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Financial Management Theory And Practice
Authors: Prasanna Chandra
9th Edition
9339222571, 978-9339222574
