Question: Electronic Arts (EA) is evaluating a potential project for investment. EA has estimated its WACC to be 11.7%. The project's anticipated cash flows are shown
Electronic Arts (EA) is evaluating a potential project for investment. EA has estimated its WACC to be 11.7%. The project's anticipated cash flows are shown below. Determine the project's IRR. Year (t) and cash flows: (t=0)$10,000(t=1)$2,500(t=2)$3,500(t=3)$4,500(t=4)$3,000 14.0% 12.6% 15.3% 11.5%
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