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Question
An investment that costs $105,000 today is expected to produce the following cash inflows over each of the next five years: $20,000; $25,000; $23,000; $22,000; $21,000. What is the IRR (compounded annually) for this investment?
A) 188.6%
B) 18.9%
C) 1.89%
D) −18.9%
Answer
This answer is hidden. It contains 19 characters.
Related questions
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.564474 A) Between 6% and 7%
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$
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$
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