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please solve the b) part of this question. deterinine whether Billy and Mandy should undertake the investment. IRR, investment life, and cash inflows more than
please solve the b) part of this question.
deterinine whether Billy and Mandy should undertake the investment. IRR, investment life, and cash inflows more than the firm's 15% cost of capital. Oak is currently considering a 10-year project that provides annual cash inflows of $10,000 and requires an initial invest- ment of $61,450. (Note: All amounts are after taxes.) a. Determine the IRR of this project. Is it acceptable? 17 Oak Enterprises accepts projects carning Assuming that the cash inflows continue to be $10,000 per year, how many additional years would the flows have to continue to make the project acceptable (that is, to make it have an IRR of 15%)? c. With the given life, initial investment, and cost of capital, what is the minimum annual cash inflow that the firm should acceptStep by Step Solution
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