Refer to Woodsy Music in S12-10. What is the approximate internal rate of return (IRR) of the
Question:
Refer to Woodsy Music in S12-10. What is the approximate internal rate of return (IRR) of the studio investment?
Data From S12-10:-
Woodsy Music is considering investing \($625,000\) in private lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of \($90,000\) per year for the next nine years. Assuming that Woodsy Music uses an 8% hurdle rate, what is the net present value (NPV) of the studio investment? Is this a favorable investment?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Talha Talib
I am a member of IEEE society. As i am a student of electrical engineering badge 17 but beside of this i am also a tutor in unique academy. I teach calculus, communication skills, mechanics and economics. I am also a home tutor. My student Muhammad Salman Alvi is a brilliant A-level student and he performs very well in academics when i start to teach him. His weak point was mathematics but now he is performing well in mathematics. I am a scholarship holder in Fsc as i scored 1017 marks in metric out of 1100. Later on i got scholarship in Punjab Group of Colleges. I got 2nd position in robotics competition in 2018 as my project home automation select for the exhibition in Expocentre.
23+ Reviews
62+ Question Solved
Related Book For 
Question Posted:
