Explore BrainMass

Explore BrainMass

    Brown Corporation - IRR

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Brown Corporation recently purchase a new machine for $253,616 with a ten-year life. The old equipment has a remaining life of 10 years and no disposal value at the time of replacement. Net cash flows will be $60,500 per year. What is the internal rate of return (IRR)?

    a 12.00%
    b 16.00%
    c 20.00%
    d 24.00%

    © BrainMass Inc. brainmass.com June 4, 2020, 2:55 am ad1c9bdddf

    Solution Summary

    The solution computes the internal rate fo return for Brown Corporation.