Posted by
**Gibbons** on
.

A project has the following NPV at the following discount rates.

D.r (%) NPV($)

4 22800000 5 16200000

6 7200000

7 -1350000

8 - 6900000

Estimate the IRR on the project. Suppose the money could be invested elsewhere at a rate of 8%, should the project be undertaken?