Question
In: Finance
Management of Oriole, Inc., an aviation firm, is considering purchasing three aircraft for a total cost...
Management of Oriole, Inc., an aviation firm, is considering
purchasing three aircraft for a total cost of $187,585,296. The
company would lease the aircraft to an airline. Cash flows from the
proposed leases are shown in the following table.
| Years | Cash Flow | |
| 1–4 | $27,735,000 | |
| 5–7 | 80,030,000 | |
| 8–10 | 93,590,000 |
What is the IRR of this project? (Round answer to 2
decimal places, e.g. 15.25%.)
| The IRR of this project is _____% |
Solutions
Expert Solution
Ans 22.35%
Management of Oriole, Inc., an aviation firm, is considering purchasing three aircraft for a total cost of $187,585,296. The company would lease the aircraft to an airline. the IRR of this project is 22.35%
jeff jeffy answered 2 years agoRelated Solutions
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