Compute the IRR statistic for Project F. The appropriate cost of capital is 11 percent. Note: Do
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Question:
Compute the IRR statistic for Project F. The appropriate cost of capital is 11 percent.
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Project F
Time: | 0 | 1 | 2 | 3 | 4 |
---|---|---|---|---|---|
Cash flow: | $ 11,100 | $ 3,400 | $ 4,230 | $ 1,570 | $ 2,200 |
IRR = ?%
Should the project be accepted or rejected?
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