12 Jan

Determine the IRR to the nearest whole percent of a project

by jagguarpaw On: Finance - 0 Comment

Question: Determine the IRR to the nearest whole percent of a project

Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.

Year	Net Cash Flow
1	$1,000
2	$1,500
3	$5,00

 

1. 32%
2. 48%
3. 28%
4. 40%

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