Question
bank is setting up a brand new branch. the cost of the project will be 1.2 million. branch will makeadditional cash flows of 235,000, 412,000,
bank is setting up a brand new branch. the cost of the project will be 1.2 million. branch will makeadditional cash flows of 235,000, 412,000, 665000 & 875000 over the next four years. the girls cost of capital is 12% . what is the internal rate of return?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
