If we know a projects IRR is 11%, and provides annual cash-flows of $15,000 for six years,
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If we know a project’s IRR is 11%, and provides annual cash-flows of $15,000 for six years, how much is the maximum that the project could have cost assuming the investors are rational decision makers and what to maximize income?
Related Book For
Fundamentals Of Financial Management
ISBN: 9780273713630
13th Revised Edition
Authors: James Van Horne, John Wachowicz
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