Determine the IRR to the nearest whole percent of a project

jagguarpaw January 12, 2017 0 Comments

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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%