You are looking at a capital project that will provide the following returns: Year 1: $15,000 Year
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Question:
You are looking at a capital project that will provide the following returns:
Year 1: $15,000
Year 2: $20,000
Year 3: $15,000
If your cost of this project is $30,000, what would be the IRR? _______________
Based on the problem listed above, if you were required to obtain a 25% return on any project, what would be your maximum cost allowed?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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