Aroma Candles, Inc. is evaluating a project - 4232

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  • Posted on: Tue 27 Mar, 2012
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Request Description

Aroma Candles, Inc. is evaluating a project with the following cash flows. Calculate the IRR of the project. (Round to the nearest whole percentage.) Year Cash Flows 0 ($120,000) 1 $ 30,000 2 $ 70,000 3 $ 90,000 

a.18% 

b. 23% 

c. 28% 

d. 33% 

 
Solution Description

Aroma Candles, Inc. is evaluating a projec