Question: Burts Bee Service has been presented with a project that requires an initial investment of $25,000 with cash inflows over the following 4 years to
Burts Bee Service has been presented with a project that requires an initial investment of $25,000 with cash inflows over the following 4 years to be $6,000, $10,000, $2,500, and $18,500 for years 1 through 4, respectfully.
a.) what is the internal rate of return for the project to the nearest .25%?
b.) what is the NPV for the project if the cost of capital is 10%?
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