Determine the internal rate of return on the following projects: a. An initial outlay of $10,000 resulting

Question:

Determine the on the following projects:
a. An initial outlay of $10,000 resulting in a cash inflow of $1,993 at the end of each year for the next 10 years
b. An initial outlay of $10,000 resulting in a cash inflow of $2,054 at the end of each year for the next 20 years
c. An initial outlay of $10,000 resulting in a cash inflow of $1,193 at the end of each year for the next 12 years
d. An initial outlay of $10,000 resulting in a cash inflow of $2,843 at the end of each year for the next 5 years

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...