Question
Please, I need help immediately. Before 11 pm tonight. Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and
Please, I need help immediately. Before 11 pm tonight.
Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.83 million and create incremental cash flows of $573,481.00 each year for the next five years. The cost of capital is 11.78%. What is the internal rate of return for the J-Mix 2000?
Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Please show every step and in a simple format. I am just learning. Thanks.
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