IRR A project has an initial cost of $50,000, expected net cash inflows of $11,000 per year

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IRR A project has an initial cost of $50,000, expected net cash inflows of $11,000 per year for 9 years, and a cost of capital of 8%. What is the project's IRR?

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Financial Management Theory and Practice

ISBN: 978-1305632295

15th edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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Posted Date: Dec 29, 2023 12:22 AM

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IRR A project has an initial cost of $50,000, expected net cash inflows of $11,000 per year

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Expert Answer:

The projects Internal Rate of Return IRR is approximately 1351 There are various methods ... View the full answer

Financial Management Theory and Practice

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