These are the forecasts of revenues over the lifetime of a


These are the forecasts of revenues over the lifetime of a project of 5 years. Assume all cash flows occur at the end of the year.

Yearly expenses from year 1 to year 5: $35 million

Yearly revenues from year 1 to year 5: $75 million

The project needs an initial investment of $160.98 million

What is the IRR of the project?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: These are the forecasts of revenues over the lifetime of a
Reference No:- TGS01164751

Expected delivery within 24 Hours