Question

An investment cost $10,000 with expected cash flows of $3,000 a year for 5 years. At...

An investment cost $10,000 with expected cash flows of $3,000 a year for 5 years. At what discount rate will the project’s IRR equal its discount rate?
27.22%
15.24%
0%
16.67%
21.08%

Homework Answers

Answer #1

Ans ) 2nd option - 15.24%

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