Question
The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a useful life of five years.
The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a useful life of five years. Weston uses a discount rate of 10%. The following information has been obtained:
| Project | A | B | C |
| Initial Invesment | $500,000 | $480,000 | $630,000 |
| Yearly Cashflows | $138,700 | $120,225 | $166,180 |
What is the internal rate of return to the nearest percent for project B?
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Audits
Authors: Arthur E Cutforth
1st Edition
1017097445, 978-1017097443
