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Assume Disney is evaluating a capital expenditure proposal that requires an initial investment of $353,760, has cash inflows of $90,960 per year for the six
Assume Disney is evaluating a capital expenditure proposal that requires an initial investment of $353,760, has cash inflows of $90,960 per year for the six years, and has no salvage value. Determine the proposal's internal rate of return using Excel. Note: Round answer to two percentage points. Enter 10.444% as 10.44%; Enter 10.445% as 10.45%. Answer %
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
