An investment project requires an initial cash outlay of $800 and then generates the following cash flows. End of year 1: $200 End of year 2: $ 300 End of year 3: $500 What is the IRR of this project?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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An investment project requires an
initial cash outlay of $800 and then
generates the following cash flows.
End of year 1: $200 End of year 2: $
300 End of year 3: $500 What is the
IRR of this project?
Transcribed Image Text:An investment project requires an initial cash outlay of $800 and then generates the following cash flows. End of year 1: $200 End of year 2: $ 300 End of year 3: $500 What is the IRR of this project?
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