Question
Project L requires an initial outlay at t = 0 of $60,204, its expected cash inflows are $12,000 per year for 8 years, and its
Project L requires an initial outlay at t = 0 of $60,204, its expected cash inflows are $12,000 per year for 8 years, and its WACC is 9%. What is the project's IRR?
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Financial Management Principles And Applications
Authors: J William Petty, Sheridan Titman, Arthur J Keown, John D Martin, Peter Martin, Michael Burrow, Hoa Nguyen
6th Edition
1442539178, 9781442539174
