Question
Jella Cosmetics is considering a project that costs $600,000 and that is expected to last for 7 years and produce future cash flows of $150,000
Jella Cosmetics is considering a project that costs $600,000 and that is expected to last for 7 years and produce future cash flows of $150,000 per year. If the appropriate discount rate for this project is 15 percent, what is the projects IRR?
The projects IRR is ___%
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
