(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow $760,000 390,000 1 2 290,000 450,000 (Click on the icon in order to copy its contents into a spreadsheet.) 3 4 If you know that the project has a regular payback of 2.1 years, what is the project's IRR? The IRR of the project is %. (Round to two decimal places.)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility.
The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows:
Year
Project Cash Flow
ed
1
$760,000
390,000
3
290,000
450,000
(Click on the icon in order to copy its contents into a spreadsheet.)
If you know that the project has a regular payback of 2.1 years, what is the project's IRR?
stion
The IRR of the project is %. (Round to two decimal places.)
stion
le
estion
urse (Busin
of Use Priv
Enter your answer in the answer box and then click Check Answer.
Final Check
Clear All
All parts showing
99+
近
Transcribed Image Text:(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow ed 1 $760,000 390,000 3 290,000 450,000 (Click on the icon in order to copy its contents into a spreadsheet.) If you know that the project has a regular payback of 2.1 years, what is the project's IRR? stion The IRR of the project is %. (Round to two decimal places.) stion le estion urse (Busin of Use Priv Enter your answer in the answer box and then click Check Answer. Final Check Clear All All parts showing 99+ 近
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