Business, 15.04.2020 17:09, kennrecklezz
A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows:
Year Cash Flow
0 –$ 27,600
1 11,600
2 14,600
3 10,600
If the required return is 18 percent, what is the IRR for this project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
Answers: 3
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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the...
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