What is the irr of this investment

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Question - You purchase a building for $350,000. Investing in the building generates $25,000 in cash flows at the end of each of the next five years. At the end of five years, you can sell the building for $400,000. What is the IRR of this investment?

You purchase a building for $350,000. Investing in the building generates $25,000 in cash flows at the end of each of the next five years. At the end of five years, you can sell the building for $400,000. What is the IRR of this investment?

Reference no: EM133144194

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