Calculate the irr for the project


Problem:

Given the following cash flows for Project M: C0 = -1,000, C1 = +200, C2 = +700, C3 = +698, calculate the IRR for the project.

  • 23%
  • 21%
  • 19%
  • 17%

Note: Show all workings.

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Finance Basics: Calculate the irr for the project
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