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Please show work. Thank you. Question 13 6/6 pts You are analyzing a potential project that will cost 1,615 to invest in today, will generate
Please show work. Thank you.
Question 13 6/6 pts You are analyzing a potential project that will cost 1,615 to invest in today, will generate cash inflows of 240 per year starting in one year and continuing forever, and has a discount rate of 8.22%. What is the IRR of the project in decimal form, rounded to three decimal places (meaning an IRR of 25.44% should be entered as 0.254 to answer this question)? Question 15 3/3 pts Based on the IRR in the question above, you should accept the project. True FalseStep by Step Solution
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