Year Net Cash Flow -$1,500 1 2 $650 3

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
Section: Chapter Questions
Problem 8EP
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Consider an investment project with the following net cash flows:

What would be the value of X if the project's IRR is 10%?

Year Net Cash Flow
-$1,500
1
2
$650
3
Transcribed Image Text:Year Net Cash Flow -$1,500 1 2 $650 3
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