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Lada Lada
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6 years ago
A company has an immediate cash outlay of -$325 000 and additional subsequent cash outlays of -$6000 per year for the life of the project. They will receive cash inflows in year 3 for + $77 000 and increasing by $3000 per year until the project ends 7 years later (total of 10 years). What is the IRR?
A) 9.79%
B) 0.79%
C) 7.79%
D) 10.91%
E) 3.79%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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SupremeSupreme
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6 years ago
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