The following information relates to machines A and B.    Year                           Machine A                 Machine B                                        Shs                              Shs    0                               (100,000)                     (120,000)    1                               60,000                         50,000    2                               40,000                         50,000    3                               20,000                         50,000 Find the Internal Rate of Return (IRR) of the project at rates 10%)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The following information relates to machines A and B.

 

 Year                           Machine A                 Machine B

                                       Shs                              Shs

   0                               (100,000)                     (120,000)

   1                               60,000                         50,000

   2                               40,000                         50,000

   3                               20,000                         50,000

Find the Internal Rate of Return (IRR) of the project at rates 10%)

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