(a) Determine the values of X and Y.

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section10.4: Internal Rate Of Return (irr)
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Consider the following cash flows and
present-worth profile.
Net Cash Flows
Year Project 1 Project 2
O -$1,030 -$1,030
1 450 300
2 950 Y
3 X 700
(a) Determine the values of X and Y.
Transcribed Image Text:Consider the following cash flows and present-worth profile. Net Cash Flows Year Project 1 Project 2 O -$1,030 -$1,030 1 450 300 2 950 Y 3 X 700 (a) Determine the values of X and Y.
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