Calculate the IRR for a project with an initial outlay of $10,000 resulting in a single cash flow of $17,182 in 8 years. a. 7% b. 9% c. 10% d. 8%

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter12: Capital Investment Analysis
Section: Chapter Questions
Problem 2BE
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Calculate the IRR for a project with an initial outlay of $10,000 resulting in a single cash flow of $17,182 in 8 years.

 

a.  7%                         

b.  9%                         

c. 10%                        

d.  8%   

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