Question: Mode publishing is considering a new printing facility that will involve a large initial outlay and then result in a series of positive cash flows
- Mode publishing is considering a new printing facility that will involve a large initial outlay and then result in a series of positive cash flows for four years. The estimated cash flows associated with this project are:
Year: Project Cash Flow:
0 ?
1 810 Million
2 350 Million
3 280 Million
4 450 Million
If you know that the project has a regular payback of 2.9 years, what is the project's internal rate of return?
a. The IRR of the project is __________?
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