Expert Solutions

What is meant by a company’s “internal rate of return” and why is it important to use as a metric? What do some of the websites ( i.e. Zenwealth, Investopedia and Wikipedia) say about IRR?

What are the strengths and weaknesses of the payback method of ranking project proposals as compared to other methods?

DataDork, Inc., short of cash, negotiated a discounted note for $100,000 payable at the end of 10 years. If today’s market interest rate was 8.53 percent, how much would DataDork receive today for the ten year note of $100,000? If the interest rate was negotiated to 4.53%, how much would DataDork receive today for the ten year note of $100,000?