Independent Project B - IRR to be calculated. The lending rate is 10%. How is the IRR
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Independent Project B - IRR to be calculated. The lending rate is 10%. How is the IRR (internal rate of return calculated on this project
| Time | Net Cash Flow | Cumulative Cash Flow |
| Year 0 | Initial Investment | -52,000,000 |
| Year 1 | 20,000,000 | -32,000,000 |
| Year 2 | 20,000,000 | -12,000,000 |
| Year 3 | 20,000,000 | 8,000,000 |
| Year 4 | 20,000,000 | 28,000,000 |
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