Anton invested $68000 in a 3-year project that is expected to pay $X in year 1; $Y in year 2 and $Z in year 3. X, Y and Z are positive. The first cash flow is half the size of the second and twice the size of the third. If the internal rate of return is 10%, what is the value of X?

Answer rating: 100% (QA)

We are given the following information Initial Investment 68000 Project Duration 3 years Cash flows ... View the full answer