An investment project has net present values as follows.
At a discount rate of 5%
$69,700 positive
At a discount rate of 14%
$16,000 positive
At a discount rate of 20%
$10,500 negative
Using the above figures what is the best approximation of the internal rate of return of the investment project?
The correct answer is: 17.6%
IRR
where
a is one interest rate
b is the other interest rate
A is the NPV at rate a
B is the NPV at rate b
14% + [(16,000/(16,000+10,500)] x 6%
14% + 3.6%
17.6%
微信号：gaoduntiku
合作账户登录：
账户名：
密码：
关注官方微信
微信号:gaoduneclass
高顿网校
售前咨询(9:00-21:00)
400-168-8811
在线客服点击咨询
售后咨询(9:00-21:00)
021-31068088
fankui@gaodun.com
微信扫一扫实时资讯全掌握
Copyright © 2006- 高顿网校, All Rights Reserved.
