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As corporate manager for acquisitions, your group is assessing a project that is expected to produce cash Rows of $750 at the end of year
As corporate manager for acquisitions, your group is assessing a project that is expected to produce cash Rows of $750 at the end of year 1, 51,000 at the end of year 2, $850 at the end of year 3, and $1,200 at the end of Year 4. If the frm requires a minimum IR or "hurdle rate" of 10% for these types of investments, what is most you should pay for this project?
Your answer should be between 2738.00 and 4355.00, rounded to 2 decimal places, with no special charactars
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