Question
Question 1 A firm is planning an investment in a project. The initial investment is 210,000. The project returns $100,000 cash at the end of
Question 1
A firm is planning an investment in a project. The initial investment is 210,000. The project returns $100,000 cash at the end of one year. At the end of second year the project returns cash of amount $F. These are only cash flows from the project. If the IRR for the project is 10%, what is the amount $F?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
