ald Enterprises is developing a new product at the cost of $ 50,000. The new product is expected to increase the cash flow for the next five years as follows: $ 10000, $ 15000, $ 15000, $ 20000 and $ 20000. If the discounting rate is 12%, what is the IRR of the project? Note: Use EXCEL function “=IRR(Cash Flow Range)” 18.54% 15.96% 12.43%

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Emerald Enterprises is developing a new product at the cost of $ 50,000. The new product is expected to increase the cash flow for the next five years as follows: $ 10000, $ 15000, $ 15000, $ 20000 and $ 20000. If the discounting rate is 12%, what is the IRR of the project? Note: Use EXCEL function “=IRR(Cash Flow Range)”

18.54%
15.96%
12.43%
- 2.48%
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