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. The initial investment of an equipment is $20,000, the first year's cash flow is $2000, it will increase $1500 per year until year
. The initial investment of an equipment is $20,000, the first year's cash flow is $2000, it will increase $1500 per year until year 6. Assume the discount rate is 8%, what's the NPV and IRR? Accept the project or not? CFO: -20,000
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
