Question
Tressor Company is considering a 5-year project. the company plans to invest $90,000 now and forecasts cash flows of $20,000. The company requires investments yield
Tressor Company is considering a 5-year project. the company plans to invest $90,000 now and forecasts cash flows of $20,000. The company requires investments yield a discount rate of at least 10%. What is the internal rate of return?
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0470534788, 978-0470534786
