McKeekin Corp. has a project with the following cash flows: Year Cash Flow 0...... $ 25,000 1......
Question:
Year Cash Flow
0...... $ 25,000
1...... 11,000
2...... 7,000
What is the IRR of the project? What is happening here?
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The IRR is the interest rate that makes the NPV of the project equal to zero So th...View the full answer
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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