What is the IRR for the following project?   CF0 = -900 CF1 = 90 CF2 = 90 CF3 = 90 CF4 = 90 CF5 = 90 CF6 = 1090

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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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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