Question: IRR Refer to Problem 12-1. What is the projects IRR? Data from problem 12-1 Project K has a cost of $52,125, its expected net cash

IRR Refer to Problem 12-1. What is the project’s IRR?


Data from problem 12-1

Project K has a cost of $52,125, its expected net cash inflows are $12,000 per year for 8 years, and its cost of capital is 12 percent. Begin by constructing a time line.

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