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Best Industries is considering an investment project that has the following cash flows: Year 0............... $ -1,000,500 Year 1................... 250,000 Year 2.................... 120,000 Year 3....................
- Best Industries is considering an investment project that has the following cash flows:
- Year 0............... $ -1,000,500
- Year 1................... 250,000
- Year 2.................... 120,000
- Year 3.................... 460,000
- Year 4..................... 300,000
- The company's discount rate for such calculations is 10%
- For Best Industries what is the project's IRR?
- 11.00%
- 4.62%
- 10.06%
- 11.54%
- For Best Industries what is the NPV?
- $63,033
- $ -8,703
- -$123,545
- $ -1,889
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