Question
1.You are looking at a capital project that will provide the following returns: Year 1: $15,000 Year 2: $20,000 Year 3: $15,000 If your cost
1.You are looking at a capital project that will provide the following returns:
Year 1: $15,000
Year 2: $20,000
Year 3: $15,000
If your cost of this project is $30,000, what would be the IRR? _______________
Based on the problem listed above, if you were required to obtain a 25% return on any project, what would be your maximum cost allowed?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th International Edition
1259094901, 9781259094903
