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Your company is considering a project which requires an initial investment of $350,000 and generates the following cash flows in years 1 through 6: Year
Your company is considering a project which requires an initial investment of $350,000 and generates the following cash flows in years 1 through 6:
Year | 1 | 2 | 3 | 4 | 5 | 6 |
Cash Flow ($ thousands) | 125 | 140 | 50 | 25 | 20 | 20 |
- What is the IRR for this project? Note: Enter the answer as a decimal, not as a percent
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