Question: Consider a project having the following cash flows. Try to find the IRR of this project without simply guessing. What problem arises? What is the
Consider a project having the following cash flows. Try to find the IRR of this project without simply guessing. What problem arises? What is the IRR of this project? Does the project have a unique IRR?
Year 1 -$70,000 Year 2 $12,000 Year 3 $15,000
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To find the internal rate of return IRR of the project we can use the cash flows provided Year 1 700... View full answer
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