Gamma Corp.is considering an investment opportunity with the following expected net cash inflows: Year 1,$250,000; Year 2,$350,000; Year 3,$395,000.The company uses a discount rate of 12%,and the initial investment is $750,000. The following table is available:
Present Value of $1:
The IRR of the project will be ________.

Question

Gamma Corp.is considering an investment opportunity with the following expected net cash inflows: Year 1,$250,000; Year 2,$350,000; Year 3,$395,000.The company uses a discount rate of 12%,and the initial investment is $750,000. The following table is available:
Present Value of $1:
 The IRR of the project will be ________.

Quizplus · Accepted Answer

11ea84d1_1199_9367_83dc_1360fc46e439_TB3006_00 11ea84d1_1199_ba78_83dc_eb7d0aa1d806_TB3006_00 11ea84d1_1199_ba79_83dc_8d86dbd8f74b_TB3006_00