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63. Consider a project that requires an investment of $28,000 today and generates after-tax cash flows of $10,000 per year for the next four years.
63. Consider a project that requires an investment of $28,000 today and generates after-tax cash flows of $10,000 per year for the next four years. The appropriate discount rate is 15 percent. What are the project's NPV and IRR? a. a) NPV =-$264.37; IRR = 14.85% b. b) NPV = $335.92; IRR = 15.34% C. c) NPV = $549.78; IRR = 15.97% d. d) NPV = $738.26; IRR = 16.13%
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
