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A company is evaluating two projects with the following cash flows. Calculate the payback period, NPV at a 7% discount rate, and IRR for both
- A company is evaluating two projects with the following cash flows. Calculate the payback period, NPV at a 7% discount rate, and IRR for both projects.
Year | Project 1 (USD) | Project 2 (USD) |
0 | (400,000) | (400,000) |
1 | 90,000 | 100,000 |
2 | 100,000 | 110,000 |
3 | 110,000 | 120,000 |
4 | 120,000 | 130,000 |
5 | 130,000 | 140,000 |
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Linear Algebra And Its Applications
Authors: David Lay, Steven Lay, Judi McDonald
6th Global Edition
978-1292351216, 1292351217
