Question
The initial investment is $68,073 and the salvage value is $10,000. The project is expected to generate $28,339 net cash inflows and the annual net
The initial investment is $68,073 and the salvage value is $10,000. The project is expected to generate $28,339 net cash inflows and the annual net income is $4,614. State the annual rate of return in decimal form to two decimal places. (For example, if you calculate 16%, then state your answer as .16)
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
