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johnpaech johnpaech
wrote...
Posts: 1098
Rep: 7 0
6 years ago
The IRR for Larry's three movie deal offer is closest to:
A) 3.5%
B) 1.6%
C) -3.5%
D) -1.6%
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
Read 59 times
1 Reply

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wrote...
6 years ago
A
Explanation:  A) CF0 = +14
CF1 = -5
CF2 = -5
CF3 = -5
Compute IRR = 3.53%
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