What is the IRR for each project? help

[jbrown]

Kerron Company is presented with the following two mutually exclusive projects. The required return for both projects is 15 percent.

year Project M Project N

0​	–$138,000 ​	–$357,000 ​
1​	63,700 ​	151,500 ​
2​	81,700 ​	182,000 ​
3​	72,700 ​	136,500 ​
4​	58,700 ​	112,000 ​

What is the IRR for each project?

Project M
Project N

 

[mmm4444bot]

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Hi jbrown:


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