Internal Rate of Return Assignment | Homework For You
May 25th, 2020
Suppose a company has an investment that requires an after-tax incremental cash outlay of $12,000 today. It estimates that the expected future after-tax cash flows associated with this investment are $5,000 in years 1 and 2, and $8,000 in year 3. What is the IRR?
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a) 50%
b) 49.26%
c) 21.31%
d) cannot be determined. Get Finance homework help today