A company wants to evaluate the profitability of a project that will require an initial investment of
Fantastic news! We've Found the answer you've been seeking!
Question:
A company wants to evaluate the profitability of a project that will require an initial investment of $100,000 and is expected to generate cash flows of $20,000 per year for the next 5 years. What is the internal rate of return (IRR) of the project?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: