You are considering an investment in a clothes distributer The company needs $108,000 today and expects to repay you $128,000 in a year from now What is the IRR of this investment? opportunity? Given...

You are considering an investment in a clothes distributer The company needs $108,000 today and expects to repay you $128,000 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 11% What does the IRR rule say about whether you should? invest?

What is the IRR of the investment? opportunity?

The IRR of the investment is what %? (Round to the nearest? cent)