Question
Suppose a particular investment project will require an initial cash outlay of $1,146,000 and will generate a cash inflow of $487,000 in each of the
Suppose a particular investment project will require an initial cash outlay of $1,146,000 and will generate a cash inflow of $487,000 in each of the next three years. What is the projects IRR? Suppose a companys hurdle rate is 10%, should it accept the project?
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
