A capital project’s cash flows have an NPV of minus £40 when
discounted at a rate of 15%; minus £60 when discounted at a rate of
20%; and plus £30 when discounted at a rate of 12%. The best
approximation by linear interpolation of the project’s percentage
internal rate of return based on these data is:
a. 13.29% b. 15.27% c. 14.63% d. 16.12%
A capital project’s cash flows have an NPV of minus £40 when discounted at a rate of 15%; minus £60 when discounted at a
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