Question
Each of two mutually exclusive projects involves an investment of $ 108,000. The cash flows for the projects are as follows: Year Project A Project
Each of two mutually exclusive projects involves an investment of $ 108,000.
The cash flows for the projects are as follows:
Year Project A Project "B"
1 $30,000 $36,000
2 30,000 36,000
3 30,000 36,000
4 30,000 36,000
A. Calculate each project's payback period.
B. Compute the IRR of each project.
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
