Your firm has been hired to develop new software for the university's class registration system. Under the contract, you will receive $496,000 as an upfront payment. You expect the development costs to be $431,000 per year for the next three years. Once the new system is in place, you will receive a final payment of $837,000 from the university four years from now.
What is the IRR of the opportunity now?© BrainMass Inc. brainmass.com June 4, 2020, 2:20 am ad1c9bdddf
The solution computes IRR for the given project.