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Acme Company is expanding and expects operating cash flows of $38,000 a year for 4 years as a result. This expansion requires $100,000 in new
Acme Company is expanding and expects operating cash flows of $38,000 a year for 4 years as a result. This expansion requires $100,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires a $12,000 investment in net working capital (assume NWC will be recovered at the end of the project). What is the IRR? Question 4 options: 17.40% 15.92% 16.74% 17.07% 16.41%
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