(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $11,000 resulting in a single free cash flow of $16,992 after 9 years b. An initial outlay of $11,000 resulting in a single free cash flow of $53,871 after 14 years c. An initial outlay of $11,000 resulting in a single free cash flow of $110,943 after 24 years d. An initial outlay of $11,000 resulting in a single free cash flow of $13,692 after 5 years a. What is the IRR of a project with an initial outlay of $11,000 resulting in a single free cash flow of $16,992 after 9 years? % (Round to two decimal places.)

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter19: Capital Investment
Section: Chapter Questions
Problem 22E
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(IRR calculation) Determine the IRR on the following projects:
a. An initial outlay of $11,000 resulting in a single free cash flow of $16,992 after 9 years
b. An initial outlay of $11,000 resulting in a single free cash flow of $53,871 after 14 years
c. An initial outlay of $11,000 resulting in a single free cash flow of $110,943 after 24 years
d. An initial outlay of $11,000 resulting in a single free cash flow of $13,692 after 5 years
a. What is the IRR of a project with an initial outlay of $11,000 resulting in a single free cash flow of $16,992 after 9 years?
% (Round to two decimal places.)
Transcribed Image Text:(IRR calculation) Determine the IRR on the following projects: a. An initial outlay of $11,000 resulting in a single free cash flow of $16,992 after 9 years b. An initial outlay of $11,000 resulting in a single free cash flow of $53,871 after 14 years c. An initial outlay of $11,000 resulting in a single free cash flow of $110,943 after 24 years d. An initial outlay of $11,000 resulting in a single free cash flow of $13,692 after 5 years a. What is the IRR of a project with an initial outlay of $11,000 resulting in a single free cash flow of $16,992 after 9 years? % (Round to two decimal places.)
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