Question
TrueNorth Company is considering a project that calls for an initial cash outlay of $40750. The expected net cash inflows from the project are $7470
TrueNorth Company is considering a project that calls for an initial cash outlay of $40750. The expected net cash inflows from the project are $7470 every 4 years in perpetuity. What is the effective annual IRR of the project?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
