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7,8,9 please with clear explaination Exercise 7 You are considering investing in a project that will require an initial capital outlay of $140000 and generate
7,8,9 please with clear explaination
Exercise 7 You are considering investing in a project that will require an initial capital outlay of $140000 and generate annual cash flows of $21805 for 10 years. What is the internal rate of return (IRR) for this project? Submit your answer. Exercise 8 if you borrow $800000 to purchase a home, what do you expect your monthly payment will be? Assume a 30 year mortgage and a fixed 7% interest rate. Submit your answer. 116 117 118 Exercise 9 If you invest $10500 each year for 35 years, how much will you have at the end of 35 years assuming a 10% annual return? Submit your Step by Step Solution
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