Discuss the internal rate of return of the project


Minne Corp is considering the purchase of a new piece of equipment. When discounted at a hurdle rate of 15%, the project has a net present value of $24,610. When discounted at a hurdle rate of 19%, the project has a net present value of ($29,030). The internal rate of return of the project is?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Discuss the internal rate of return of the project
Reference No:- TGS0682859

Expected delivery within 24 Hours