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38 4. Los Angeles Lumber Company is considering a project with a cost of $1,000 initially, and inflows of $300 at the end of
38 4. Los Angeles Lumber Company is considering a project with a cost of $1,000 initially, and inflows of $300 at the end of years 1-5. LALC's cost of capital is 12 percent. What is the project's IRR and NPV?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
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