We should recall that, when we discounted the cash flows of the Billingsgate Battery Company machine project
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We should recall that, when we discounted the cash flows of the Billingsgate Battery Company machine project at 20 per cent, we found that the NPV was a positive figure of £24,190 (see p. 330). What does the NPV of the machine project tell us about the rate of return that the investment will yield for the business (that is, the project’s IRR)?
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Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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