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its ($1.2million ) not 52 QUESTION 15 3 points HSBCI ting up a brand new branch in Saar. The cost of the project will be

its ($1.2million ) not 52 image text in transcribed
QUESTION 15 3 points HSBCI ting 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 (5235,000 5417.30% 5665,000 and 5875.000 over the next four years respectively. HSBC's cost of capital is 12%. What is the IRR on this branch expansion? For the toolbarres ALT 10 POR ALT INF10 MA Paragraph Nial

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