Using the internal rate of return irr when evaluating


Deep Waters, Inc. is using the internal rate of return (IRR) when evaluating projects. Find the IRR for the company’s project. The initial outlay for the project is $414,700. The project will produce the following after-tax cash inflows of Year 1: 147,200 Year 2: 41,800 Year 3: 135,900 Year 4: 176,400 Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

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Financial Management: Using the internal rate of return irr when evaluating
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