Question: Zellars, Inc. is considering a project B. Project B costs $120,000 and is expected to generate $64,000 in year one, $67,000 in year two, $56,000
Zellars, Inc. is considering a project B. Project B costs $120,000 and is expected to generate $64,000 in year one, $67,000 in year two, $56,000 in year three, and $45,000 in year four. Zellars, Inc.'s required rate of return (WACC) for these projects is 10%. The internal rate of return for Project B is
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