Refer to problem 11-1. What is the projects IRR? Problem 11-1 Project L requires an initial outlay

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Refer to problem 11-1. What is the project’s IRR?

Problem 11-1

Project L requires an initial outlay at t = 0 of $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project’s NPV?

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Fundamentals Of Financial Management

ISBN: 9780357517574

16th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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