Question: East Coast Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected that the
East Coast Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected that the project will produce a positive cash flow of $50,000 a year at the end of each year for the next 15 years. The appropriate discount rate for this project is 10 percent. If the project has a 14 percent internal rate of return, what is the project’s net present value?
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East Coast Televisions project has an IRR of 14 Thus ... View full answer
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