CPM Construction plans to charge $100,000/year for the truck described above (since the annual operating cost is
Question:
CPM Construction plans to charge $100,000/year for the truck described above (since the annual operating cost is estimated at $60,000, this means that the annual income will be $40,000). What is the IRR of this investment? Given CPM’s MARR, is this an attractive investment?
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To find the Internal Rate of Return IRR of the truck investment we need to equate the Net Cash Flow ...View the full answer
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Related Book For 
Construction Management
ISBN: 9781119256809
5th Edition
Authors: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko
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