A company is considering a project that would cost $75,000. They expect to receive from it $20,000
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A company is considering a project that would cost $75,000. They expect to receive from it $20,000 during the first year, $33,000 during the second year, $10,000 during the third year, and $9,000 on the fourth year. The company’s cost of capital is 9%.
What is the project’s IRR?
Should the project be accepted? Why or why not?
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Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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