Question
Internal rate of return
What is the internal rate of return for the following project. An initial outlay of $9500 resulting in a single cash inflow of $16,281 in 7 years.
Internal rate of return for the project is ___%
What is the internal rate of return for the following project. An initial outlay of $9500 resulting in a single cash inflow of $16,281 in 7 years.
Internal rate of return for the project is ___%
Answers
Looks like about 8% to me
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