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AlekseyPX
3 years ago
11

Hart Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR

can be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 Cash flows -$1,000 $425 $425 $425 12.55% 13.21% 13.87% 14.56% 15.29%
Business
1 answer:
MrRissso [65]3 years ago
3 0

Answer: 13.21%

Explanation:

IRR(-1000,{425,425,425)= 13.21%

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