Question: Easy Hearing Co. launched a new project with an initial cost of $100,000. Estimated cash flows for four years is $30,000 annually at a cost
Easy Hearing Co. launched a new project with an initial cost of $100,000. Estimated cash flows for four years is $30,000 annually at a cost of capital of 10%. Determine the IRR using the trial-and- error method and if Easy Hearing Co. should accept or reject the new project
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