Question: A project has an initial outlay of $ 1 , 6 1 9 . It has a single cash flow at the end of year

A project has an initial outlay of $1,619. It has a single cash flow at the end of year 10 of $5,807. What is the internalrate of return (IRR) for the project. round to two decimal places in percentage form. show all working please.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!