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Project L has an initial cost of $78,437, and its expected net cash inflows are $13,750 per year for 10 years. The firm has a
Project L has an initial cost of $78,437, and its expected net cash inflows are $13,750 per year for 10 years. The firm has a WACC of 7 percent, and Project Ls risk would be similar to that of the firms existing assets. Calculate Project Ls internal rate of return (IRR). Selected Answer: Correctb. 11.77% Answers: a. 9.41% Correctb. 11.77% c. 75.30% d. 7.00% e. 5.77%
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