A longleaf pine investment generated the following Net Present Values (NPV's) at selected Minimum Acceptable Rates of Return (MARR): MARR 8% 10% 12% 14% 16% 18% NPV ($/ac) 350 280 150 -70 -100 -150 Calculate the most precise Internal Rate of Return (IRR) given information on above discount rates and corresponding NPV's. Please, do not include units in your answer.

A longleaf pine investment generated the following Net Present Values (NPV's) at selected Minimum Acceptable Rates of Return (MARR): MARR 8% 10% 12% 14% 16% 18% NPV ($/ac) 350 280 150 -70 -100 -150 Calculate the most precise Internal Rate of Return (IRR) given information on above discount rates and corresponding NPV's. Please, do not include units in your answer.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter12: Capital Investment Decisions

Section: Chapter Questions

Problem 52P

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