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Your company is considering a new project opportunity. It would need to immediately invest $220. In return, in the next 4 years it will receive the following amounts of money: In 1 year: $80 In 2 years: $70 In 3 years: $50 In 4 years: $60 The required annual rate of return is 5%.

The Internal Rate of Return for this project is:_______

Respuesta :

Zviko

Answer:

7.54 %

Explanation:

Year 0 = - $220

Year 1 = $80

Year 2 =  $70

Year 3 = $50

Year 4 = $60

I /yr = 5%

Internal Rate of Return for this project is 7.54 %

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