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A firm completed a capital budgeting analysis for a four year project and concluded that it has an NPV of $7,147. The cash flows are

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A firm completed a capital budgeting analysis for a four year project and concluded that it has an NPV of $7,147. The cash flows are presented in the following table. What discount rate was used in the analysis? Practice F Year 0 1 2 3 4 Free Cash Flow -$16,500 + $5,745 +$8,366 +$7,895 +$7,636 audit analysis in oct Payback perla m Description Ans 12% 7.41% 14.55% method meas! the initial project Present ValueN w long in 9.32% 15.3402

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