Avonmore Corp. has a project with the following cash flows: Year ........................ Cash Flow 0 ................................. $20,000

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Avonmore Corp. has a project with the following cash flows:

Year ........................ Cash Flow
0 ................................. $20,000
1 ................................. -26,000
2 .................................. 13,000

What is the IRR of the project? What is happening here?

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Fundamentals of Corporate Finance

ISBN: 978-0071051606

8th Canadian Edition

Authors: Stephen A. Ross, Randolph W. Westerfield

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Question Posted: Jun 26, 2019 07:03 AM

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Avonmore Corp. has a project with the following cash flows: Year ........................ Cash Flow 0 ................................. $20,000

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The IRR is the interest rate that makes the NPV of the project equal to zero So t...View the full answer

Fundamentals of Corporate Finance

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