What is the rate of return (IRR) of a project that will generate revenues of $40,000 at the end of every year for 8 years, given the project will require an initial cash outlay today of $90,000 and another cash outlay of $80,000 in 6 years from today?

Answer rating: 100% (QA)

SOLUTION Cash Flows Year 0 90000 initial cash outlay Year 15 40000 annual revenue Year 6 800... View the full answer