Fundamental Accounting Principles
Fundamental Accounting Principles
24th Edition
ISBN: 9781260158595
Author: Wild
Publisher: MCG
Question
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Chapter 26, Problem 13E
To determine

Introduction:

Internal rate of return (IRR) refers to the interest rate at which net present value of a project will be zero. In other words we can say that a discounting rate at which present value of future cash inflows become equal to initial investment, is known as internal rate of return.

To calculate:

Internal rate of return of the project.

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