Question

An investment project with no residual value has a net present value of $87,980 when it is
discounted using a cost of capital of 10%. The annual cash flows are as follows:
Year
0
1
2
$
(200,000)
80,000
90,000
100,000
60,000
40,000
3
4
5
Calculate the Internal Rate of Return (IRR) of the project:​

Answer 1

Answer:

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Explanation:

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