You've estimated the following cash flows (in $) for a project: A B 1 Year Cash flow
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Question:
You've estimated the following cash flows (in $) for a project:
A | B | |
1 | Year | Cash flow |
2 | 0 | -5,600 |
3 | 1 | 1,300 |
4 | 2 | 2,100 |
5 | 3 | 3,400 |
The required return for the project is 8%.
What is the IRR for the project?
Should you accept the project?
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
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