Question

Q. A company invest Rs. 10 lakhs and completes an energy efficiency project at the
beginning of year 1. The firm is investing its own money and expects an internal rate
of return, IRR, of at least 26% on constant positive annual net cash flow of Rs. 2
lakhs, over a period of 10 years, starting with year 1. What is the approximate IRR
of this measure?​

Answer 1

Answer:

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