What is the IRR of the following set of cash flows? Year .......Cash Flow 0 .............$19,400 1
Question:
What is the IRR of the following set of cash flows?
Year .......Cash Flow
0 .............−$19,400
1 .................10,400
2 ...................9,320
3 ...................6,900
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The IRR is the interest rate that makes the NPV of the pro...View the full answer
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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