A project with the required rate of return of 11.2% provides annual cash flows of $2,810 during the years 1 - 3, nothing during the years 4 - 5 and $5,550 during the years 6 -7. The project costs $12,200 today. What is the IRR of the project? 8.10% 8.67% 7.54% 11.7% 12.32%
A project with the required rate of return of 11.2% provides annual cash flows of $2,810 during the years 1 - 3, nothing during the years 4 - 5 and $5,550 during the years 6 -7. The project costs $12,200 today. What is the IRR of the project? 8.10% 8.67% 7.54% 11.7% 12.32%
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 2PA: Jasmine Manufacturing is considering a project that will require an initial investment of $52,000...
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A project with the required rate of return of 11.2% provides annual cash flows of $2,810 during the years 1 - 3, nothing during the years 4 - 5 and $5,550 during the years 6 -7. The project costs $12,200 today. What is the IRR of the project?
8.10%
8.67%
7.54%
11.7%
12.32%
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