1. If a project has an initial outlay of $44,000 and cash flows of $12,000 per year for the next 5 years, what is the IRR of this project? (Answer to the nearest tenth of a percent, e.g. 12.3).
2. What makes some stock goes up and down so often? (Example LFIN)
3. When a company has an extremely low P/E and a strong cash flow, is that always a good investment? For example Biglari Holdings Inc. (BH): NYSE.
And what makes this kind of company became like this?