# Lancer Corp. has the following information available about a potential capital investment Required: 1. Calculate the projects

## Question:

Lancer Corp. has the following information available about a potential capital investment

**Required:**

1. Calculate the project’s net present value.

2. Without making any calculations, determine whether the internal rate of return (IRR) is more or less than 10 percent.

3. Calculate the net present value using a 20 percent discount rate.

4. Estimate the project’s IRR.

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## Step by Step Answer:

**Related Book For**

## Managerial Accounting

**ISBN:** 9780078110771

1st Edition

**Authors:** Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips