If you invest $10,000 now into a project that will yield net revenues of $1,327 at the end of each year for 12 years, what is the internal rate of return (IRR) of your investment? Oa. 8% Ob. 18%

Exploring Economics
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ISBN:9781544336329
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Chapter16: The Markets For Labor, Capital, And Land
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Economics
If you invest $10,000 now into a project that will yield net revenues of $1,327 at the end of each year for 12 years,
what is the internal rate of return (IRR) of your investment?
Oa. 8%
Ob. 18%
Transcribed Image Text:Economics If you invest $10,000 now into a project that will yield net revenues of $1,327 at the end of each year for 12 years, what is the internal rate of return (IRR) of your investment? Oa. 8% Ob. 18%
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