Amy Sims runs an advertisement firm. She estimates that a ($ 7,000) high-resolution printer will result in
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Amy Sims runs an advertisement firm. She estimates that a \(\$ 7,000\) high-resolution printer will result in increased cash inflows of \(\$ 2,000\) in year \(1, \$ 4,000\) in year 2 , and \(\$ 4,500\) in year 3 . Amy's cost of capital is \(10 \%\). Calculate the net present value. What is the internal rate of return at this price?
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Managerial Accounting Information For Decisions
ISBN: 9780324222432
4th Edition
Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill
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