Question
a project costs $300 million and is expected to generate cash flows of $49 million per year, starting at the end of the first year
a project costs $300 million and is expected to generate cash flows of $49 million per year, starting at the end of the first year and lasting forever. What is the internal rate of return? round to 3 decimal place, not percentage value
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The Financial System Financial Regulation And Central Bank Policy
Authors: Thomas F. Cargill
1st Edition
1107035678, 9781107035676
