Question
Project M has an initial cost of $68,221, and its expected net cash inflows are $18,250 per year for 6 years. The firm has a
Project M has an initial cost of $68,221, and its expected net cash inflows are $18,250 per year for 6 years. The firm has a WACC of 13 percent, and Project Ms risk would be similar to that of the firms existing assets. Calculate Project Ms internal rate of return (IRR).
| a. | 8.21% | |
| b. | 15.46% | |
| c. | 13.00% | |
| d. | 12.37% | |
| e. | 60.51% |
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Sport Finance
Authors: Gil Fried, Steven Shapiro, Timothy D. Deschriver
2nd Edition
0736067701, 978-0736067706
