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Given the Project Cash Flows in the following Table, Answer questions 1a. through 1c: Year Cash flows 0 ($1,000,000) $660,000 $660,000 3 $660,000 4 $660,000
Given the Project Cash Flows in the following Table, Answer questions 1a. through 1c: Year Cash flows 0 ($1,000,000) $660,000 $660,000 3 $660,000 4 $660,000 5 ($1,650,000) 1a. How many Internal Rates of Return (IRRS) do you anticipate will occur for this project's cash flows? WHY? 1b. What are the relevant IRR(s)? Show your answer(s) to 4 decimal places, e.g. x.xxxx% 1c. If this project's cost of capital is 3.65%, would you take on this project? WHY
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