The Pershing Company is considering an investment. The investment will cost $900,353. The projected net cash flows
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The Pershing Company is considering an investment. The investment will cost $900,353. The projected net cash flows are
There will be no cash flows after Year 6.
A. Compute the NPV of the project at a discount rate of 12%.
B. Compute the IRR of the project.
C. Assume the company has a “hurdle rate” of 11%. Should it do this project?
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Related Book For 
Introductory Accounting A Measurement Approach For Managers
ISBN: 9781138956216
1st Edition
Authors: Daniel P. Tinkelman
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