Question: Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $11,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 9%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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| Project L requires an initial outlay at t = 0 of $52,321, its expected cash inflows are $9,000 per year for 9 years, and its WACC is 9%. What is the project's IRR? Round your answer to two decimal places. %
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