Consider a project with a required rate of 10% that cost £1 million and will last for 10 years. The project uses straight-line depreciation to zero over the 10-year life. There are neither salvage value nor net working capital requirements. At the financial break-even level of output, what is the IRR of this project?

Answer rating: 100% (QA)

find the Internal Rate of Return IRR of the project we need to calculate the cash flows associated with the project and then determine the discount ra... View the full answer