What is lennon irr, The respective future cash inflows from

What is lennon irr

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Reference no: EM13270634

Lennon, Inc. is considering a five-year project that has an initial outlay or cost of $80,000. The respective future cash inflows from its project for years 1,2,3,4 and 5 are: $15,000, $25,000, $35,000, $45,000, and $55,000. Lennon uses the internal rate of return method to evaluate projects. What is Lennon's IRR?

Reference no: EM13270634

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