Question
A firm with a 13 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are
A firm with a 13 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are as follows: Year: 0 1 2 3 4 Cash flow: -$14,000 $5,300 $6,600 $5,200 $5,000 Calculate the projects internal rate of return (IRR).
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
