Question
A firm with an 18% desired rate of return is considering the following projects (on January 1, Year 1): January 1, Year 1 Cash Outflow
A firm with an 18% desired rate of return is considering the following projects (on January 1, Year 1):
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| January 1, Year 1 Cash Outflow (000s Omitted) | December 31, Year 5 Cash Inflow (000s Omitted) | Project Internal Rate of Return | |||
| Project A | $3,500 | $7,400 | 16% | ||||
| Project B | 4,000 | 9,950 | ? |
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
