Question: b) Based upon the following cash flows, Using IRR should Famous Als Cookie Company introduce a new product, Rolling In Dough Pies? The initial investment
b) Based upon the following cash flows, Using IRR should Famous Als Cookie Company introduce a new product, Rolling In Dough Pies? The initial investment is $180,000, and the cost of capital is 40% and a comparative rate of 50%
1 $80,000
2 $95,000
3 $95,000
4 $110,000
5 $110,000
6 $110,000
(7 marks)
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