Question
Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $ 95,000
Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $ 95,000 and will generate net cah inflows of $21,000 per year for 11 years.
If the discount rate is 8 percent, then the project's NPV is $_______
What is the projects NPV using a discount rate of 16%?
What is the internal rate of return?
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Money And Capital Markets
Authors: Peter Rose, Milton Marquis
10th Edition
0077235800, 9780077235802
