Kiley Electronics is considering a project that has the following cash flow data. What is the project's
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Question:
Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR and should the project be accepted? The firm's cost of capital is 15%.
Cash Flows
Year 0 : $-1150
Year 1: $450
Year 2: $470
Year 3: $490
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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