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asap Cirice Corporation is considering opening a branch in another stote. The operating cash flow will be $172,360 a yeat, The project will tequire new
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Cirice Corporation is considering opening a branch in another stote. The operating cash flow will be $172,360 a yeat, The project will tequire new equipment costing $562.000 that would be depreciated on a straight-line basis to zero over the 5 -year life of the project. The equipment will have a market value of $157,000 of the end of the project. The project requires an initial investment of $36,000 in net working capital, which will be recovered at the end of the project. The tax rate is 23 percent. What is the project's IRR? Mittele oroke 17584 20085 20158 teneses 175893 2008% 2015 1864N 14.84x Step by Step Solution
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