Question: company is adding a new assembly line at a cost of 8.5 million. the firm expects the project to generate cash flows of 2 million
company is adding a new assembly line at a cost of 8.5 million. the firm expects the project to generate cash flows of 2 million 3 million 4 million and 5 million over the next four years. it's cost of capital is 16%. what is the internal rate of return
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
