Looking for more tutorials?

Tutorial 8082

Thai Enterprises is considering a project that will produce cash inflows of $645,000 a year for five years followed by $100,000 a year for the followi...

Question:

Thai Enterprises is considering a project that will produce cash inflows of $645,000 a year for five years followed by $100,000 a year for the following two years. What is the internal rate of return if the initial cost of the project is $3 million? A. 3.43 percent B. 6.33 percent C. 5.81 percent D. 4.29 percent

ATTACHMENTS