The Jensen Company has compiled the following information about a project they are considering. Initial cost: $500,000, to be depreciated straight line over 5 years Operating Cash Flows for Years 1-5: $50,000, $125,000, $220,000, $250,000, $125,000 What is the internal rate of return (IRR) on this project?

Answer rating: 100% (QA)

To calculate the Internal Rate of Return IRR for the project you need to find the discount rate ... View the full answer