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management of Thomas Taylor a confectioner is considering purchasing a new jellybean, making machine at a cost of $293,716. It projects that the cash flows
management of Thomas Taylor a confectioner is considering purchasing a new jellybean, making machine at a cost of $293,716. It projects that the cash flows from this investment will be $100,010 for each of the next seven years. If the appropriate discount rate is 14%, what is the IRR that Thomas Taylor management can expect on this project?
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
