Question: 2. If you found a project having 8 years life span requiring 50 million taka investment and expected to generate 8 million taka each year

2. If you found a project having 8 years life span requiring 50 million taka investment and expected to generate 8 million taka each year for the next 8 years. The project has a salvage value of 12 million taka. Find IRR of this project
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
