2. Calculate the IRR for the following project with the following cash flows: An initial outflow of $47,104 followed by inflows of $16,000, $17,000, and 18,000 at one-year intervals. a. 9% b. -9% c. 4% d. 2%
2. Calculate the IRR for the following project with the following cash flows: An initial outflow of $47,104 followed by inflows of $16,000, $17,000, and 18,000 at one-year intervals. a. 9% b. -9% c. 4% d. 2%
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
Section: Chapter Questions
Problem 23E: Assume that an investment of 100,000 produces a net cash flow of 60,000 per year for two years. The...
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