Question
The project has the same risk as the firm's average project. While you don't know the project's initial cost, you have been told the project
The project has the same risk as the firm's average project. While you don't know the project's initial cost, you have
been told the project has an IRR of 13.3703%. Your boss wants to accept the project because the project's IRR
exceeds the WACC of 12.6%, but another manager has mentioned that the NPV should be considered. How much
value does this project create for the firm?
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The Venture Capital Investment Process
Authors: Darek Klonowski
1st Edition
0230612881, 023011007X, 9780230612884, 9780230110076
