Question
Investment $2,000,000; repairs $ 1,000,000; salvage revenue at end of project (in 3 years) $500,000. The cost of capital is 12%. cashflows $1,000,000 in year
Investment $2,000,000; repairs $ 1,000,000; salvage revenue at end of project (in 3 years) $500,000. The cost of capital is 12%. cashflows $1,000,000 in year #1, $2,000,000 in year #2, $1,000,000 in year #3. Calculate NPV? Using the above information please calculate IRR.
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
