Show Attempt History Current Attempt in Progress Your answer is partially correct. Compute the IRR for the following project cash flows: a. An initial outlay of $3,234,257 followed by annual cash flows of $423,990 for the next eight years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is 1 %. b. An initial investment of $26,801 followed by annual cash flows of $7,070 for the next five years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is 10 % c. An initial outlay of $8,746 followed by annual cash flows of $1,880 for the next seven years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is eTextbook and Media 12.94 % Save for Later Using multiple attempts will impact your score. 20% score reduction after attempt 2 Q Search L Attempts: 2 of 3 used Submit Answer

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
Section: Chapter Questions
Problem 21P
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Current Attempt in Progress
Your answer is partially correct.
Compute the IRR for the following project cash flows:
a. An initial outlay of $3,234,257 followed by annual cash flows of $423,990 for the next eight years. (Round final answer to 2 decimal
places, e.g. 15.25%.)
IRR of the project is
1
%.
b. An initial investment of $26,801 followed by annual cash flows of $7,070 for the next five years. (Round final answer to 2 decimal
places, e.g. 15.25%.)
IRR of the project is
10 %
c. An initial outlay of $8,746 followed by annual cash flows of $1,880 for the next seven years. (Round final answer to 2 decimal places,
e.g. 15.25%.)
IRR of the project is
eTextbook and Media
12.94 %
Save for Later
Using multiple attempts will impact your score.
20% score reduction after attempt 2
Q Search
L
Attempts: 2 of 3 used Submit Answer
Transcribed Image Text:Show Attempt History Current Attempt in Progress Your answer is partially correct. Compute the IRR for the following project cash flows: a. An initial outlay of $3,234,257 followed by annual cash flows of $423,990 for the next eight years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is 1 %. b. An initial investment of $26,801 followed by annual cash flows of $7,070 for the next five years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is 10 % c. An initial outlay of $8,746 followed by annual cash flows of $1,880 for the next seven years. (Round final answer to 2 decimal places, e.g. 15.25%.) IRR of the project is eTextbook and Media 12.94 % Save for Later Using multiple attempts will impact your score. 20% score reduction after attempt 2 Q Search L Attempts: 2 of 3 used Submit Answer
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