A project requiring a $1,000 investment today and yielding $8,800 next year has an internal rate of return (IRR) of
A)0)78 percent
B)7)8 percent
C)78 percent
D)780 percent

Question

Quizplus · Accepted Answer

The Answer of A project requiring a $1,000 investment today and yielding $8,800 next year has an internal rate of return (IRR) of
A)0)78 percent
B)7)8 percent
C)78 percent
D)780 percent

A Project Requiring a $1,000 Investment Today and Yielding $8,800