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Rickos Rickos
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7 years ago
A project has an initial outlay of $4,000. It has a single payoff at the end of Year 4 of $6,996.46. What is the IRR for the project (round to the nearest percent)?
A) 16%
B) 13%
C) 21%
D) 15%
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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Rickos Author
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#2
7 years ago
I want to thank you for being so helpful
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