Jella Cosmetics is considering a project that costs $ 800,000, and is expected to last for 10

Question:

Jella Cosmetics is considering a project that costs $ 800,000, and is expected to last for 10 years and produce future cash flows of $ 175,000 per year. If the appropriate for this project is 12 percent, what is the project’s IRR?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...