Fiji fiji sdn bhd considering a major expansion of its product line. The initial cash outlay is
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Question:
Fiji fiji sdn bhd considering a major expansion of its product line. The initial cash outlay is RM1,950,000.This project would generate after tax cash flows of RM450,000 per year for six years. The required rate of return on the project is 9 percent. Calculate IRR. Let say your answer for IRR for this question is 12% do you accept this project?
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