Filter Corp. has a project available with the following cash
flows:
Year | Cash Flow | |
0 | −$16,000 | |
1 | 5,800 | |
2 | 7,100 | |
3 | 6,100 | |
4 | 4,900 | |
What is the project's IRR?
Multiple Choice
21.98%
20.41%
20.93%
18.84%
19.62%
Ans 18.84%
The IRR of the project is 18.84%,
Calculation of IRR is as follows:
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