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Problem 5: A mega project has an investment of $15 million and has annual benefits of $2.2 million for the project life of 20 years.
| Problem 5: | |||||||||||
| A mega project has an investment of $15 million and has annual benefits of $2.2 million for the project life of 20 years. | |||||||||||
| The required rate of return for this project is 25% per year. | |||||||||||
| Calculate the Internal Rate of Return for this project and determine if the company should accept this project. |
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Effective small business management An Entrepreneurial Approach
Authors: Norman M. Scarborough
10th Edition
132157462, 978-0132157469
