Question: ABC, Inc. is considering a five-year project that has an initial outlay or cost of $150,000. The respective future cash inflows from its project for
ABC, Inc. is considering a five-year project that has an initial outlay or cost of $150,000. The respective future cash inflows from its project for years 1, 2, 3, 4 and 5 are: $55,000, $45,000, $35,000, $25,000, and $X. What should the unknown cash flow X be in year 5 in order project to have an IRR of 10%?
29,300
30,300
31,300
31,500
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