What is the irr and would it be acceptable or not


Question:

My company has an opportunity to make an investment of $100,000 that will return $33,000 in year 1, $38,000 in year 2, $43,000 in year 3, $48,000 in year 4, and $53,000 in year 5. My company's required return is 12%. What is the IRR and would it be acceptable or not?

 

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Finance Basics: What is the irr and would it be acceptable or not
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