Question
The cash flows for the new ship based SPG system is as follows: (in millions) Period: 0 - ($10,000) 1 - $3,350 2 - $4,290
The cash flows for the new ship based SPG system is as follows: (in millions)
Period:
0 - ($10,000)
1 - $3,350
2 - $4,290
3 - $3,350
4 - $4,000
5 - $4,000
The projects cost of capital is 13%.
The internal rate of return for the SPG project is closest to:
4.87%
18.11%
25.43%
36.13%
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
