McKeekin Corp. has a project with the following cash flows: Year Cash Flow 0 ..................... $20,000 1

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McKeekin Corp. has a project with the following cash flows:

Year                 Cash Flow

0 ..................... $20,000

1 ...................... -26,000

2 ....................... 13,000


What is the IRR of the project? What is happening here?

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Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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