ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Calculating the IRR for Project Long
Project Long is expected to provide five
years of cash inflows and to require an
initial investment of $100,000. The
required rate of return or discount rate
that is appropriate for valuing the cash
flows of Project Long is 17 percent.
What is Project Long's IRR, and is it a
good investment opportunity?
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Transcribed Image Text:Calculating the IRR for Project Long Project Long is expected to provide five years of cash inflows and to require an initial investment of $100,000. The required rate of return or discount rate that is appropriate for valuing the cash flows of Project Long is 17 percent. What is Project Long's IRR, and is it a good investment opportunity?
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