Question
Eagle Brand Toilet Paper is considering a low risk project with the following cash flows. The initial cost of the project is $54,000 What is
Eagle Brand Toilet Paper is considering a low risk project with the following cash flows. The initial cost of the project is $54,000 What is the IRR of this project? If the company WACC is 6.0 percent, Should you accept the project?
| Year | Cash Flow |
| 0 | -54,000 |
| 1 | $ 16,000 |
| 2 | $ 20,000 |
| 3 | $ 25,000 |
show work and formula pls
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Financial Markets And Institutions
Authors: Jeff Madura
5th Edition
0324027443, 9780324027440
