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Evaluate the project given the following information: Assuming straight-line depreciation to zero, what is the IRR of this project? Initial investment = $160,000; requires an
Evaluate the project given the following information: Assuming straight-line depreciation to zero, what is the IRR of this project? Initial investment = $160,000; requires an initial investment in NWC = $20,000 cost savings = $65,000 per year; life = 5 years; salvage value = $12,000 in year 5; tax rate = 40%; discount rate = 12%.
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