Question: please solve asap XYZ is evaluating a project that would require an initial investment of $74,600.00 today. The project is expected to produce annual cash
XYZ is evaluating a project that would require an initial investment of $74,600.00 today. The project is expected to produce annual cash flows of $9,000.00 each year forever with the first annual cash flow expected in 1 year. The NPV of the project is $7,500.00. What is the IRR of the project? 10.96% (plus or minus 0.02 percentage points) 12.06% (plus or minus 0.02 percentage points) 10.05% (plus or minus 0.02 percentage points) 13.41% (plus or minus 0.02 percentage points) None of the above is within 0.02 percentage points of the correct
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
