Calculating irr


Teddy Bear Planet, Inc., has a project with the following cash flows:

Year Cash Flows ($)

0 -$11,000

1 5,500

2 4,000

3 3,000

The company evaluates all projects by applying the IRR rule. If the appropriate interest rate is 8 percent, should the company accept the project?

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Finance Basics: Calculating irr
Reference No:- TGS050344

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