Question
The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series
The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows:
| Year | Project Cash Flow |
|---|---|
| 0 | ? |
| 1 | $770,000 |
| 2 | 390,000 |
| 3 | 280,000 |
| 4 | 450,000 |
If you know that the project has a regular payback of 2.8 years, what is the project's IRR?
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Private Capital Markets Valuation Capitalization And Transfer Of Private Business Interests
Authors: Robert T. Slee
2nd Edition
0470928328, 978-0470928325
