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3 years ago

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What is the internal rate of return of a project costing $3,000; having after-tax cash flows of $1,500 in each of the two years

of its two-year life; and a salvage value of $800at the end of the second year in addition to the $1,500 cash flow?a) 13%.
b) 15%.
c) 16%.
d) 19%.

1 answer:

goldfiish [28.3K]3 years ago

3 0

The answer is B 15%
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Formula for Future value of annuity is as follow

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