# You are considering an investment in a clothes distributer. The company needs $105,000 today and expects to repay you$120,000 in a year from now. What is the IRR of this investment​ opportunity? Given the riskiness of the investment​ opportunity, your cost of capital is 17%. What does the IRR rule say about whether you should​ invest? What is the IRR of this investment oppurtunity? The IRR of this investment opppurtunity is ____%

Question

You are considering an investment in a clothes distributer. The company needs $105,000 today and expects to repay you$120,000 in a year from now. What is the IRR of this investment​ opportunity? Given the riskiness of the investment​ opportunity, your cost of capital is 17%. What does the IRR rule say about whether you should​ invest?

What is the IRR of this investment oppurtunity?

The IRR of this investment opppurtunity is ____%