Question
The WACC can be calculated as 9.7% and the NPV as $0.8 million. Assuming the NPV and IRR lead to the same investment decision, what
The WACC can be calculated as 9.7% and the NPV as $0.8 million. Assuming the NPV and IRR lead to the same investment decision, what is the lowest rate the IRR can be?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
