Question
Consider an investment project in which you invest $3500 today in order to receive $525 at the end of each of the next 10 years.
Consider an investment project in which you invest $3500 today in order to receive $525 at the end of each of the next 10 years. If the cost of capital is 12% per year, what is the IRR and should the project be accepted?
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
