Your company has a project available with the following cash flows:
able[[Year,Cash Flow],[0,-$81,200
Your company has a project available with the following cash flows:
Year 0 1 2 3 4 5
Cash Flow -$81,200 21,450 24,900 30,700 25,950 19,700
If the required return is 14 percent, should the project be accepted based on the IRR?
Multiple Choice
None of these is the correct answer.
No,because the IRR is 15.57 percent