Question
A firm has an investment that will cost $ 75,000. It is expected to bring in positive cash flows of $18,500 every year for 10
A firm has an investment that will cost $ 75,000. It is expected to bring in positive cash flows of $18,500 every year for 10 years. The firm's cost of capital is 8%. The IRR of this project is:
Select one:
a. 11.03
b. 8.00
c. 21.00
d. 4.26
e. negative
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The New Market Wizards Conversations With Americas Top Traders
Authors: Jack D. Schwager
1st Edition
0887306675, 978-0887306679
