Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. builtrite has calculated the following cash flow d

Builtrite has calculated the following cash flow diagram (In 1000's): initial investment 90 year one...

80.2K

Verified Solution

Question

Finance

image
Builtrite has calculated the following cash flow diagram (In 1000's): initial investment 90 year one cash flow 80 year two cash flow 50 year three cash fow 20 if you were to approximate the internal rate of return by averaging the cash flows, instead of using the exact cash flows pictured above, which of the following statements would be correct? the actual IRR would be greater the actual IRR would be less averaging the cash flows would give us the exact IRR none of the answers provided

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The Horizon is only found in forested areas It is light in color and consists...

Biology
Q

MGM CO. has been approached to bid on a contract to sell 500 voice recognition(VR) computer...

Finance
Q

Q10. Explain the roles and responsibilities of the Engineer & Engineer’s Representative for large government projects. The...

Civil Engineering
Q

Your firm wishes to raise 10,000,000 by either issuing regular coupon bonds or issuing zero coupon...

Finance
Q

(a) Suppose K is a subgroup of H, and H is a subgroup of G. If |K|=...

Advance Math
Q

Louis, a French citizen, wants to loan money to a related US entity that will be...

Accounting
Q

True or False The Library Search Box option DATABASES provides a mechanism for finding library...

Biology
Q

A travel agency plans to develop a new ad campaign to entice visitors to come...

Statistics
Q

Rewrite the following logarithms in expanded form by applying the properties of logarithms a log...

Algebra
Q

The following account balances were taken from the adjusted trial balance of Kendall Company: ...

Accounting
Q

John and Jane Jones have an adjusted gross income of $44,000 in 2022. john who...

Accounting
Q

The time value of money must be considered in capital outlay decisions because: Multiple Choice...

Finance