You are considering an investment in a clothes distributer


You are considering an investment in a clothes distributer. The company needs $104,000 today and expects to repay you $130,000 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 13%.

What does the IRR rule say about whether you should invest?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You are considering an investment in a clothes distributer
Reference No:- TGS02687898

Expected delivery within 24 Hours