Calculate IRR
Anderson International Limited is evaluating a project in Erewhon. The project will create the following cash flows:
Year Cash Flow
0 -1,190,000
1 365,000
2 430,000
3 325,000
4 280,000
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper NowAll cash flows will occur in Erewhon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are blocked and must be reinvested with the government for one year. The reinvestment rate for these funds is 5 percent.
If Anderson uses a required return of 9 percent on this project, what are the NPV and IRR of the project?
I have calculated the NPV to be -85955.37, but cannot figure out how to get the IRR. I keep getting 9.54% which shows as incorrect.
Please don’t bid if you don’t know how to calculate this problem! Thank you!
The post Calculate IRR appeared first on Brainy Term Papers.
Calculate IRR was first posted on February 4, 2021 at 8:05 pm.
©2019 "Brainy Term Papers". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at support@nursingessayswriters.com
“Are you looking for this answer? We can Help click Order Now”
The post Calculate IRR first appeared on Nursing Essays Writers.
