Question
Youre given the following cash flows for a project. The WACC of your firm is 12%. What is the IRR of this project using the
Youre given the following cash flows for a project. The WACC of your firm is 12%. What is the IRR of this project using the discounting approach?
| Period | Project A |
| 0 | -$500 000 |
| 1 | $700 000 |
| 2 | $600 000 |
| 3 | -$900 000 |
The answer is 9.44%, I need an in-depth solution.
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Computational Intelligence In Economics And Finance Volume II
Authors: Paul P. Wang, Tzu-Wen Kuo
2007th Edition
3540728201, 978-3540728207
