A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year Cash Flow -$ 148,000 68,000 71,000 55,000 1 2 what is the IRR for this project?

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter26: Capital Investment Analysis
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A firm evaluates all of its projects by applying the IRR rule. A project under consideration has
the following cash flows:
Year
Cash Flow
-$ 148,000
68,000
71,000
55,000
1
2
what is the IRR for this project?
Transcribed Image Text:A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year Cash Flow -$ 148,000 68,000 71,000 55,000 1 2 what is the IRR for this project?
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