The project has a regular payback of 2.25 years. What is the project's internal rate of return (IRR)? IRR>31% Sample format: 11.1%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The project has a regular payback of 2.25 years. What is the project's internal rate of return
(IRR)? IRR>31% *
Sample format: 11.1%
NUBD is considering a project that has an up-front cost and a series of positive cash
flows. The project's estimated cash flows are summarized below:
Project
Cash Flow
Year
P500 million
300 million
400 million
600 million
0122 4
Transcribed Image Text:The project has a regular payback of 2.25 years. What is the project's internal rate of return (IRR)? IRR>31% * Sample format: 11.1% NUBD is considering a project that has an up-front cost and a series of positive cash flows. The project's estimated cash flows are summarized below: Project Cash Flow Year P500 million 300 million 400 million 600 million 0122 4
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