A colleague asks for your help in finding the discount rate where the NPV=0 for a set
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Question:
A colleague asks for your help in finding the discount rate where the NPV=0 for a set of cash flows. You quickly recall that this is the IRR for a project. Answer in %, rounding to 2 decimals.
Year 0 cash flow = -100,000
Year 1 cash flow = 44,000
Year 2 cash flow = 35,000
Year 3 cash flow = 39,000
Year 4 cash flow = 44,000
Related Book For
Business Communication In Person, In Print, Online
ISBN: 978-1111533168
8th edition
Authors: Amy Newman, Scot Ober
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