Question: You are considering a new project that has a required investment of 107 today. The project will pay a single cash inflow of 707 in
You are considering a new project that has a required investment of 107 today. The project will pay a single cash inflow of 707 in 7 years from today. What is the project's IRR? Input your answer in decimal format (not percent), rounded to the nearest 0.01
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
