Thom Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1,$230,000;Year 2,$370,000;Year 3,$360,000.The company uses a discount rate of 13%,and the initial cost of the investment is $720,000.
Present Value of $1:

The IRR of the project will be ________.

Question

Thom Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1,$230,000;Year 2,$370,000;Year 3,$360,000.The company uses a discount rate of 13%,and the initial cost of the investment is $720,000.
Present Value of $1:

The IRR of the project will be ________.

Quizplus · Accepted Answer

C)
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Thom Corporation Is Considering an Investment Opportunity with the Following