Question: CF 0 CF 1 CF 2 CF 3 CF 4 20,000 7,730.85 7,730.85 7,730.85 7,730.85 Initial Outlay Cash Flow in Period CF 0 CF 1
| ||||||||||
| Initial Outlay | Cash Flow in Period | |||
| CF0 | CF1 | CF2 | CF3 | CF4 |
| 20,000 | 7,730.85 | 7,730.85 | 7,730.85 | 7,730.85 |
The IRR is approximately:
16%.
18%
20%
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