Question
In the previous scenario assume that your company negotiated a deal where it would pay $12000 for the investment and receive a payment of $24000
In the previous scenario assume that your company negotiated a deal where it would pay $12000 for the investment and receive a payment of $24000 at the end of 7 yrs. What is the IRR on this investment? Should the company make the investment?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
