Question: A firm is considering a project that is expected to generate daily cash flows of $30,000 for the next 15 years. The project requires an

A firm is considering a project that is expected to generate daily cash flows of $30,000 for the next 15 years. The project requires an initial investment of $67,100,953.93. The cost of capital is 5.73%. What is the IRR of the project?

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To find Internal Rate of Return IRR of the project we need to calculate the discount rate ... View full answer

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