Question: Question 1 (1 point) A project has an initial outlay of $2,033. It has a single cash flow at the end of year 6 of
Question 1 (1 point) A project has an initial outlay of $2,033. It has a single cash flow at the end of year 6 of $4,570. What is the internal rate of return (IRR) for the project? Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
