question archive For the project shown in the following table calculate the internal rate of return (IRR)
For the project shown in the following table calculate the internal rate of return (IRR)
Subject:BusinessPrice:3.87 Bought7
For the project shown in the following table calculate the internal rate of return (IRR). Then indicate, for the project, the maximum cost of capital that the firm could have and still find the IRR acceptable.
Initial Investment (CFo) $90,000
Year (t) Cash Flows
(CFt)
1 $ 50,000
2 $25,000
3 $ 15,000
4 $ 40,000
5 $ 15,000
The maximum cost of capital that the firm could have and still find the IRR acceptable is _____% round to two decimal places
