Question
Fijisawa, Inc. is considering a major expansion of its product line and has estimated the following cash flows associated with such an expansion. The initial
Fijisawa, Inc. is considering a major expansion of its product line and has estimated the following cash flows associated with such an expansion. The initial outlay would be $11,600,000, and the project would generate cash flows of $1,190,000 per year for 20 years. The appropriate discount rate is 6.7 percent.
Calculate the IRR. I need help to calculate the IRR. Please help!!!!
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International Accounting
Authors: Shirine Rathore
2nd Edition
8120336739, 9788120336735
