Binomial Corp. has a project with the following cash flows: YEAR.........................................CASH FLOW 0.....................................................$50,000 1.....................................................61,000 2.......................................................41,000 What is
Question:
Binomial Corp. has a project with the following cash flows:
YEAR.........................................CASH FLOW
0.....................................................$50,000
1.....................................................−61,000
2.......................................................41,000
What is the IRR of the project? What is happening here?
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The IRR is the interest rate that makes the NPV of the project equal to zero So ...View the full answer
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Related Book For 
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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