Calculate the IRR for the following project. An outflow of $14,000 in year 0 followed by an

Question:

Calculate the IRR for the following project. An outflow of $14,000 in year 0 followed by an inflow of $6,000, $7,000, and $7,000 in one-year increments.

a) 12.5%

b) 18.5%

c) 20.0%

d) 19.6%

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: