Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 22, 2024

A proj has an initial cost of $450,000 and is estimated to produce cash flows of $X at the end of each year for 5

A proj has an initial cost of $450,000 and is estimated to produce cash flows of $X at the end of each year for 5 years. If the internal rate of return for the project is 14.4% p.a. effective, calculate X (to the nearest dollar).

Select one:

a. $132340

b. $1530150

c. $155710

d. $116991

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Libby, Short

6th Edition

978-0073526881

Students also viewed these Finance questions

Question

18. Find the g-inverse of the matrix A where $$ A = \begin{bmatrix} 1 & -1 & 1 \\ 2 & -2 & 0 \\ 3 & 3 & -3 \end{bmatrix} $$

Answered: 1 week ago

Question

★★★★★

The assignment is to prepare a rough draff of the appellee's brief in opposition to the appellant's appeal of the trial court's denial of the motion to suppress evidence seized from appellant's...

Answered: 1 week ago

Question

★★★★★

a. Net income was $469,000. b. Issued common stock for $71,000 cash. c. Paid cash dividend of $11.000. d. Paid S125,000 cash to settle a note payable at its $125,000 maturity value. e. Paid S123,000...

Answered: 1 week ago

Question

★★★★★

EXERCISE 7-3 COST OF PRODUCTION REPORT-FIFO COSTING The XYZ Corp. uses a process cost system. Since the beginning of the operation, it has used weighted average costing to account for beginning...

Answered: 1 week ago

Question

★★★★★

Vo = 30 m/s 10 m wwwwwwwm 40 m wwwwwww wwww wwww wwww wwwwwwwwww um wwwwwwwwwww wwww wwww A tennis player hits the ball and the ball starts to move with 30 m/s speed at an angle of 0. The ball is...

Answered: 1 week ago

Question

★★★★★

Allan Fence (AF) is a woodwork company that provides services in building, installing, and repairing fences made of wood and other types of construction materials. The business serves both...

Answered: 1 week ago

Question

★★★★★

Problem 1 = Consider the bi-material axially loaded bar structure of length 2L 2m described in Figure 2.1. It is discretized with 5 nodes and 4 elements (note: the elements are NOT of equal size). In...

Answered: 1 week ago

Question

★★★★★

You want to set up a Windows Server 2016 DirectAccess solution with a single Edge Windows Server 2016 DirectAccess server. Which key components do you not need for that? Network Connectivity Assitant...

Answered: 1 week ago

Question

★★★★★

Please provide a sample budget which includes budget assumptions and sensitivity analysis as well as the explanations

Answered: 1 week ago

Previous Question Next Question

Question

A proj has an initial cost of $450,000 and is estimated to produce cash flows of $X at the end of each year for 5

A proj has an initial cost of $450,000 and is estimated to produce cash flows of $X at the end of each year for 5 years. If the internal rate of return for the project is 14.4% p.a. effective, calculate X (to the nearest dollar). Select one: a. $132340 b. $1530150 c. $155710 d. $116991

Step by Step Solution

Step: 1

Get Instant Access with AI-Powered Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Financial Accounting

Students also viewed these Finance questions

Question

Question

Question

Question

Question

Question

Question

Question

Question

A proj has an initial cost of $450,000 and is estimated to produce cash flows of $X at the end of each year for 5 years. If the internal rate of return for the project is 14.4% p.a. effective, calculate X (to the nearest dollar).

Select one:

a. $132340

b. $1530150

c. $155710

d. $116991