Question
A project costing $560,000 is expected to produce annual net cash benefits of $ 80,000 over a period of 15 years.Estimate the interest rate of
A project costing $560,000 is expected to produce annual net cash benefits of $ 80,000 over a period of 15 years.Estimate the interest rate of return (IRR).Also find the payback period and obtain the IRR from it.How do you compare this IRR with the one directly estimated?
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
