A firm buys a new piece of equipment for $14,761 and will receive a cash flow of

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A firm buys a new piece of equipment for $14,761 and will receive a cash flow of $2,300 per year for ten years.

What is the IRR? Use Appendix D. (Round "PV Factor" to 3 decimal places. Round the final answer to the nearest whole percent.)

IRR %

Posted Date: May 19, 2024 02:03 PM

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A firm buys a new piece of equipment for $14,761 and will receive a cash flow of

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