Given the following annual net cash flows, determine the IRR to the nearest - 3180

Solution Posted by
UoPExpert

UoPExpert

Rating : (2)F
Solution Detail
Price: $1.30
  • From: ,
  • Posted on: Thu 22 Mar, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. 

YearNet Cash Flow

1$1,000

2$1,500

3$  500

A.   48% B.   32% C.   28% D.   40% 

Solution Description

Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.