Question
Your firm is considering an investment that will cost $920,000 today. The investment will produce cash flows of $450,000 in year one, $270,000 in years
Your firm is considering an investment that will cost $920,000 today. The investment will produce cash flows of $450,000 in year one, $270,000 in years two through four, and $200,000 in year five. The discount rate that your firm uses for projects of this type is 9.50%. What is the internal rate of return (IRR)?
| 6.16% | ||
| 8.97% | ||
| 20.53% | ||
| 23.87% |
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Gold And Debt An American Hand Book Of Finance With Over Eighty Tables And Diagrams Illustrative Of The Following Subjects The Dollar And Other Units Paper Money In The United States And Europe Gold And Silver In The United States And Europe
Authors: Fawcett William Lyman
1st Edition
1313124508, 9781313124508
