First Quality, Inc is investigating a project with a projected investment of $325,000 at year 0,...
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First Quality, Inc is investigating a project with a projected investment of $325,000 at year 0, annual net cash inflows of $84,250 in Year 1, $93,450 in Year 2, $118,300 in Year 3 and $112,400 in Year 4. The company has a cost of capital of 9.5%. Compute the IRR of this project. First Quality, Inc is investigating a project with a projected investment of $325,000 at year 0, annual net cash inflows of $84,250 in Year 1, $93,450 in Year 2, $118,300 in Year 3 and $112,400 in Year 4. The company has a cost of capital of 9.5%. Compute the IRR of this project.
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To compute the Internal Rate of Return IRR of the project we need to fin... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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