What is the projects internal rate of return IRR

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Reference no: EM13917376

A project that costs $2,700 to install will provide annual cash flows of $770 for each of the next 6 years.

a. Calculate the NPV if the opportunity cost of capital is 11%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

NPV $

b. Is this project worth pursuing?

Yes

c. What is the project's internal rate of return IRR? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

IRR %

Reference no: EM13917376

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