What does the irr rule say about whether you should invest, Financial Management

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What does the irr rule say about whether you should invest

You are considering an investment in a clothes distributer. The company needs $101,000 today and expects to repay you $120,000 in a year from now. What is the IRR of this investment opportunity? Given the riskiness of the investment opportunity, your cost of capital is 14 % What does the IRR rule say about whether you should invest? What is the IRR of this investment opportunity? The IRR of this investment opportunity is nothing%. (Round to one decimal place.)

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Financial Management: What does the irr rule say about whether you should invest

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