Question

IRR calculation)  Jella Cosmetics is considering a project that costs $725,000 and is expected to last for 9 years and produce future cash flows of $200,000 per year. If the appropriate discount rate for this project is 24 ​percent, what is the​ project's IRR? The​ project's IRR is nothing​%

Answer 1

Year	Cashflows
0	-   725,000
1	200,000
2	200,000
3	200,000
4	200,000
5	200,000
6	200,000
7	200,000
8	200,000
9	200,000
IRR	23.44%

Using financial calculator or IRR function in excel