Question
If we know a projects IRR is 11%, and provides annual cash-flows of $15,000 for six years, how much is the maximum that the project
If we know a project’s IRR is 11%, and provides annual cash-flows of $15,000 for six years, how much is the maximum that the project could have cost assuming the investors are rational decision makers and what to maximize income?
Step by Step Solution
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Heres how to find the maximum possible cost of the project 1 Understand the concept IRR Internal Rat...
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
