Question: Get Back Shipping is considering a project with the following cash flows. What is the IRR of this project? If the company Cost of Capital
| Get Back Shipping is considering a project with the following cash flows. What is the IRR of this project? If the company Cost of Capital is 11.0 percent, Should you accept the project? | |||||||||
| Year | Cash Flow | ||||||||
| 0 | -145,000 | ||||||||
| 1 | $ 55,500 | ||||||||
| 2 | $ 51,000 | ||||||||
| 3 | $ 73,000 | ||||||||
Please answer using excel and show work. Thanks!
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