Question
Find the IRR of a project that requires an initial investment of $69,179 today and is expected to pay $179,413 in 7 years. Assume interest
Find the IRR of a project that requires an initial investment of $69,179 today and is expected to pay $179,413 in 7 years. Assume interest is compounded quarterly.
For your consideration:
Would you accept the project if the cost of capital is 5%?
For what range of cost of capital will the project be profitable?
For what range of cost of capital will the project destroy value?
Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.
Enter percentage answers as a positive percentage % rounded to 2 decimal places. For example 0.123456 should be enter as: 12.35 (##.##)
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