Ask Question
14 May, 01:29

The dry dock is considering a project with an initial cost of $118,400. the project's cash inflows for years 1 through 3 are $37,200, $54,600, and $46,900, respectively. what is the irr of this project?

+4
Answers (1)
  1. 14 May, 01:53
    0
    The answer is "8.04 percent".

    Input into the CF Function: CF0 = - 118,400,

    CF1=37,200

    CF2=54,600

    CF3=46,900

    Press IRR then CPT to get IRR=8.04
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The dry dock is considering a project with an initial cost of $118,400. the project's cash inflows for years 1 through 3 are $37,200, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers