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  1. business
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  3. projects a and b have the following cash flows:

Projects A and B have the following cash flows: year ...

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Question

Finance

Projects A and B have the following cash flows:

year

A

B

0

-5000

-5000

1

2000

5000

2

0

1500

3

3000

1500

4

5000

1500

What is the IRR of the project A?

Please write an answer in decimals. For example, 12.34% would be 0.1234.

Also, round your answer to the fourth decimal.

Answer & Explanation Solved by verified expert
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