A company is planning to invest $25,000 today in order to receive the following cash inflows. Year
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Question:
A company is planning to invest $25,000 today in order to receive the following cash inflows.
Year 1 6,500
Year 2 9,700
Year 3 12,000
Year 4 6000
If the required return is 10%,
what is the IRR of the project?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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