A company is considering an investment in a new project that will generate cash flows of $50,000
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Question:
A company is considering an investment in a new project that will generate cash flows of $50,000 per year for the next 5 years. The required rate of return for this investment is 12%. Calculate the internal rate of return (IRR) for the investment.
Related Book For
Valuation The Art and Science of Corporate Investment Decisions
ISBN: 978-0133479522
3rd edition
Authors: Sheridan Titman, John D. Martin
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