What is the IRR of the following set of cash flows? Year ................... Cash Flow 0 .........................
Question:
What is the IRR of the following set of cash flows?
Year ................... Cash Flow
0 ......................... −$15,400
1 ............................... 7,300
2 ............................... 9,100
3 .............................. 5,900
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The IRR is the interest rate that makes the NPV of the project equal to zero ...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
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