An investment has the following structure: You are required to spend $2,327.41 today, and 20 years later you receive $3,675.37 What is the IRR of this situation? Enter the answer below in \%, minus the \% sign accurate to two decimal places (i.e. 5.267% would be entered as 5.27) What is the NPV of this situation?

An investment has the following structure: You are required to spend $2,327.41 today, and 20 years later you receive $3,675.37 What is the IRR of this situation? Enter the answer below in \%, minus the \% sign accurate to two decimal places (i.e. 5.267% would be entered as 5.27) What is the NPV of this situation?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 3E

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