Question
Carhiuma Shoes is thinking of expanding their operations to include a brick-and-mortar shop. They expect the upfront costs to be $750 (all numbers are in
Carhiuma Shoes is thinking of expanding their operations to include a brick-and-mortar shop. They expect the upfront costs to be $750 (all numbers are in thousands). Then they expect to earn $200 per year for 5 years. What is the projects IRR?
| A. | 10.42% | |
| B. | None of these | |
| C. | 55.00% | |
| D. | 26.67% | |
| E. | 14.44% |
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
