Your firm has a project opportunity with the following cash flows: -$1,200,000 in Year 0, $150,000 in
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Your firm has a project opportunity with the following cash flows: -$1,200,000 in Year 0, $150,000 in Year 1, $295,000 in Year 2, $875,000 in Year 3, and $390,000 in Year 4. Your firm’s WACC is 12%. What would be the IRR of the project?
A) 12%
B) 13.32%
C) 15.89%
D) 18.60%
E) There is not enough information to answer this question.
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date: