Dalby is currently considering an investment that gives a positive net present value of $3,664 at 15%.

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Dalby is currently considering an investment that gives a positive net present value of $3,664 at 15%. At a discount rate of 20% it has a negative net present value of $21,451.

What is the internal rate of return of this investment?

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Financial And Managerial Accounting The Basis For Business Decisions

ISBN: 9781260247930

19th Edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Posted Date: May 15, 2023 06:58 AM

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Dalby is currently considering an investment that gives a positive net present value of $3,664 at 15%.

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To find the internal rate of return IRR of the investment we need to determine the discount rate at ... View the full answer

Financial And Managerial Accounting The Basis For Business Decisions

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