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A new project will generate an annual cash flow of $50,000.00 forever. The project will require a $1,000,000.00 investment today however. Based on these assumptions,
A new project will generate an annual cash flow of $50,000.00 forever. The project will require a $1,000,000.00 investment today however. Based on these assumptions, what is the IRR of the project? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
A new project will generate an annual cash flow of $50,000.00 forever. The project will require a $1,000,000.00 investment today however. Based on these assumptions, what is the IRR of the project?
Submit
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
