asked 152k views
2 votes
houston inc. is valuating a project which has the following cash flows (in millions) in the next three years: $20, $50, $80. the project will cost the firm $110 million at the beginning (year 0). the wacc of the firm is 7%. what is the irr of the project?

1 Answer

2 votes
%14.01

Explanation: IRR is the rate at which NPV is equal to zero.
answered
User Chrisdrobison
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