Corporate Finance Q50
50A project has the following annual cash flows:
| Year 0 | Year 1 | Year 2 | Year 3 |
| -450,000 | -1,000,000 | 1,000,000 | 1,000,000 |
What is the IRR of this project?
- Option : C
- Explanation : Enter the following values in a financial calculator: CF0 = -450,000, CF1 = -1,000,000, CF2 = 1,000,000, CF3 = 1,000,000, CPT IRR. IRR = 19.47%.
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