A project's IRR is 10% and the project provides annual cash flows of $200,000 for 10 years.
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Question:
A project's IRR is 10% and the project provides annual cash flows of $200,000 for 10 years. From year 11, there will be an annual cost of $30,000 per year for ever. These cash flows occur at the end of each year.
How much did the project cost?
Related Book For
Intermediate Financial Management
ISBN: 978-1111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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