CP Limited is considering investing in the following project: Initial investment R120 000 Annual revenues R50 000 Annual variable costs R15 000 Salvage / scrap value R5 000 Discount rate 14.35% Expected life of project 8 years Tax rate 0%.

What is the internal rate of return of the project?

Answer rating: 100% (QA)

To calculate the internal rate of return IRR of the project we need to find the discount rate at whi... View the full answer