Question
Jella Cosmetics is considering a project that costs $700,000 and that is expected to last for 6 years and produce future cash flows of $160,000
Jella Cosmetics is considering a project that costs $700,000 and that is expected to last for 6 years and produce future cash flows of $160,000 per year. If the appropriate discount rate for this project is 9 percent, what is the project's IRR?
The project's IRR is
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
