CORPORATE FINANCE - LL+CONNECT ACCESS
CORPORATE FINANCE - LL+CONNECT ACCESS
12th Edition
ISBN: 9781264054961
Author: Ross
Publisher: MCG
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Chapter 5, Problem 30QAP
Summary Introduction

Adequate information:

    YearCash Flow
    0$20,000
    1-26,000
    213,000

To determine: IRR of the project

Introduction: IRR is the rate that produces zero NPV for a project, that is, the present value of cash inflows is the same as the present value of cash outflows.

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CORPORATE FINANCE - LL+CONNECT ACCESS

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