Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section: Chapter Questions
Problem 2P: Refer to Problem 10-1. What is the project’s IRR?
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Question
What is the IRR for the following project?
CF0 = -900
CF1 = 90
CF2 = 90
CF3 = 90
CF4 = 90
CF5 = 90
CF6 = 1090
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