Willa Co. is considering a project with cashflows of -33,200 in year 0, 17,000 in year 1, 8,800 in year 2, and 17,900 in year 3. What is the firms IRR? Should they accept the project if the discount rate is 0.15 O 0.1497, accept O 0.1497, reject 0.1501, accept O 0.1590, accept None of the answers provided are correct

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 13P
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Willa Co. is considering a project with cashflows of -33,200 in year 0, 17,000 in year 1, 8,800 in year
2, and 17,900 in year 3. What is the firms IRR? Should they accept the project if the discount rate is
0.15
O 0.1497, accept
O 0.1497, reject
0.1501, accept
O 0.1590, accept
None of the answers provided are correct
Transcribed Image Text:Willa Co. is considering a project with cashflows of -33,200 in year 0, 17,000 in year 1, 8,800 in year 2, and 17,900 in year 3. What is the firms IRR? Should they accept the project if the discount rate is 0.15 O 0.1497, accept O 0.1497, reject 0.1501, accept O 0.1590, accept None of the answers provided are correct
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