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Royal Inc. a resort management company is refurbishing one of his hotels at a cost of 7148432. management expects that this will lead an additional
Royal Inc. a resort management company is refurbishing one of his hotels at a cost of 7148432. management expects that this will lead an additional cash flow of 1650000 for the next six years. What is the IRR of this project. If the appropriate cost of capital is 12% should oil go ahead with this project
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