Question
) A company requires an initial investment of $75,000 with a residual value of $12,500 after five years. The estimated annual returns over the five
) A company requires an initial investment of $75,000 with a residual value of $12,500 after five years. The estimated annual returns over the five years are $20,000 at 12% compounded annually. a. What is the net present value of this project? b. What is the projects internal rate of return (IRR)?
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Auditing The ISM
Authors: Mr. Ajoy Chatterjee
3rd Edition
8190233041, 978-8190233040
