Question
Project X has an initial cost of $32,698, and its expected net cash inflows are $9,000 per year for 6 years. The firm has a
Project X has an initial cost of $32,698, and its expected net cash inflows are $9,000 per year for 6 years. The firm has a WACC of 7 percent, and Project Xs risk would be similar to that of the firms existing assets. Calculate Project Xs internal rate of return (IRR).
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
