Question
A project has an estimated net present value of $6.6 million, with a useful life of 5 years. In year 6, there is cash flow
A project has an estimated net present value of $6.6 million, with a useful life of 5 years. In year 6, there is cash flow from the residual value of the asset of $200,100. Assume straight line depreciation. The IRR of the project is 17.5%.
At that IRR, what is the net present value of the project?
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Accounting In Emerging Economies
Authors: Mathew Tsamenyi
1st Edition
1849506256, 9781849506250
