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

CF0 CF1 CF2 CF3 CF4
20,000 7,730.85 7,730.85 7,730.85 7,730.85
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%

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!