Consider the following cash flows on two mutually exclusive projects for XYZ Corporation.  Both projects require an annual return of 15%. Year   Water Fishing    Submarine Ride 0        $975,000           $1,900,000 1        $395,000           $950,000 2        $530,000           $825,000 3        $445,000           $800,000 * Computer the IRR for both projects. -Waterfishing      XX%? -Submarine Ride  XX%?

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Consider the following cash flows on two mutually exclusive projects for XYZ Corporation.  Both projects require an annual return of 15%.

Year   Water Fishing    Submarine Ride

0        $975,000           $1,900,000

1        $395,000           $950,000

2        $530,000           $825,000

3        $445,000           $800,000

* Computer the IRR for both projects.

-Waterfishing      XX%?

-Submarine Ride  XX%?

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