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HSBC is setting up a brand-new branch in Saar. The cost of the project will be ($1.2 million). The branch will create additional cash flows

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HSBC is setting up a brand-new branch in Saar. The cost of the project will be ($1.2 million). The branch will create additional cash flows of ($235,000 5412,300,5665,000 and $875,000 over the next four years respectively. HSBC's cost of capital is 12%. What is the IRR on this branch expansion? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIU S Paragraph Arial 14px AY + O WORDS POWERED BY TINY

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