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Big Restaurant is considering purchasing a chicken brouster. The broaster sells for $800 and is expected to result in annual net cash inflows of $25.000
Big Restaurant is considering purchasing a chicken brouster. The broaster sells for $800 and is expected to result in annual net cash inflows of $25.000 cach year for its 7-year useful life without any residual value at the end of that life. Assume Bies.com of capital (the discount rate) is 10%. What is the internal rule of return (IRR) of the grill? A. 10% B. Between 16% and 18% C. More than 20% D.None of the above
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