revenues of $100,000 per year for the first 4 years then $70,000 for the remaining years, a total cost of $450,000 and a cost of capital of 7 percent?…

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What is the IRR of 7 year project with expected revenues of $100,000 per year for the first 4 years then $70,000 for the remaining years, a total cost of $450,000 and a cost of capital of 7 percent?

IRR 8.96% Time Cash flows01234567 Present value-450000-450000.0010000091773.3610000084223.5010000077294.7410000070935.987000045570.237000041821.347000038380.85 Net Present…

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